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4 Wood Stocks Worth Watching in a Resilient Industry
BCCBoise Cascade(BCC) Zacks Investment Research·2024-02-20 17:21

Favorable housing market conditions, buoyed by increasing consumer confidence stemming from expectations of interest rate cuts and moderated inflation, provide a positive outlook for the Zacks Building Products – Wood industry. Moreover, companies within this industry are anticipated to capitalize on favorable demand in repair and remodel (R&R) activities, as well as increased funding for infrastructure and carbon/ESG-related projects. Despite lingering concerns surrounding elevated mortgage rates and consu ...