stockchase picture

Compiling comments that experts make about stocks while on public TV.

Company Index

List by Company Name

List by Symbol

West Fraser Timber Stock Symbol: WFT-T

Last Price Recorded: $59.1300 on 2014-11-01 01:14:13

Globe 200 day average
Google Discussions (view only)
yahoo discussion
Bloomberg
Date Signal Expert Opinion Price
2014-09-26 BUY Bill Carrigan

Thinks the whole sector is surprisingly positive, but he doesn’t know why.  When he looks at lumber over the long term, it is one of the few commodities that is basing.  There is no sign of a top with WFT-T.  He thinks it will go surprisingly higher.


Price:
$53.980
Subject:
TECHNICAL ANALYSIS
Bias:
SELECTIVE
Owned:
Unknown
2014-06-19 TOP PICK Rob Stabile

The largest lumber stock and so the safest.  The most advanced mills, so will help with operating costs.  Diversified geographically in North America.  Stand to generate significant cash flow when lumber prices go up, but could go sideways for a while.


Price:
$50.180
Subject:
CANADIAN
Bias:
BULLISH ON ENERGY INFRASTRUCTURE
Owned:
Yes
2014-06-11 COMMENT Bruce Campbell (1)

Had a nice run last year and early this year. Lumber is seasonally weak over the summer, and they try to get things going before the winter comes on. We are probably still seeing signs in the US that housing starts are okay. This is probably okay.


Price:
$49.510
Subject:
CANADIAN LARGE
Bias:
BULLISH
Owned:
No
2014-06-02 DON'T BUY John Zechner

You can expect another leg up in US housing.  Lumber is still oversupplied right now.  He doesn’t own any of them right now.  Likes US housing, but prefers playing through US financials.  He has TCN-T and HD-N also.


Price:
$48.830
Subject:
NORTH AMERICAN - LARGE
Bias:
BULL
Owned:
No
2014-04-28 SELL John Zechner

(Market Call Minute) Let it go for a while.  Doesn’t like how lumber is acting right now.  It is ahead of itself.


Price:
$49.650
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2014-04-17 HOLD Jeff Parent B. Eng. FCSI

Looking at the dollar weighted trading price to see where most volume occurs, it is $45 even. It bounced off there a few days ago. The next support level is around $41. He would use $45 as a support level and would continue to Hold the stock right now.


Price:
$48.100
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH on CANADIAN MARKET
Owned:
Unknown
2014-03-24 WAIT Peter Brieger He sold a similar one because the housing had had a good start in the US and he took profits. He likes US housing long term. He may repurchase one of these in the future.
Price:
$50.770
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
No
2014-02-06 BUY Teal Linde

He got out too early.  There is a supply issue in the US.  They bought 65K board feet of lumber in 2005 and then it dropped to 40k a couple of years later.  There were problems in Quebec and Vancouver so now supply is short.  If American demand goes up there is simply just not enough supply.  He is not into the forest stocks because there are so many empty houses in the US right now. 


Price:
$55.500
Subject:
NORTH AMERICAN
Bias:
BULLISH
Owned:
No
2014-01-23 BUY David Burrows

Falling Cdn$ has been a tailwind for all the lumber companies. The bigger story is that we are in a slow improving housing market in the US. He doesn’t expect it to boom, but just generally get better. Supply is still relatively restrained in North America. There has been lots of money made already and he would encourage you to identify an exit price in the event these things roll over.


Price:
$58.800
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2014-01-16 HOLD Paul Taylor

Stay the course.  Directly tied to US housing recovery.  The US sector is massive.  There are so few attractive alternatives.  It is well positioned and there is support in the fund flow into this one. 


Price:
$57.440
Subject:
NORTH AMERICAN - LARGE
Bias:
BULL on US EQUITIES
Owned:
Unknown
2014-01-02 SELL Ross Healy

Has good earnings momentum behind it and if housing continues to be very good then there will be more for 2014.  The bad news is that when you look at forest products, they are always the cheapest when they are expensive.  You have to look at price to book.  You should sell them when price to book is too high.  It is early but soon you should he taking your profits. 


Price:
$100.870
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2013-12-11 COMMENT Michael Sprung

Just announced a 2-for-1 stock split. Feels we are in a very positive timber cycle right now, particularly with US housing beginning to pick up. These cycles tend to go for years. You could wait for a pullback, but over the next few years, timber stocks in general are going to do very well.


Price:
$97.210
Subject:
CANADIAN LARGE
Bias:
UNKNOWN
Owned:
No
2013-11-29 BUY on WEAKNESS John Zechner

All these stocks have come under some pressure. Housing stocks have pulled back as well. Feels that the US housing story is still intact. Forest products in general look fine. Sold some of his holdings of this recently, but would look to buy back into the mid to low $80s.


Price:
$93.800
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Yes
2013-11-25 BUY Norman Levine

Biggest guy in the business.  Buying on the 200 day average is probably a good idea but in the long run the timing is irrelevant.  If you are a short term investor then you look out for it.


Price:
$90.810
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2013-10-25 BUY Brooke Thackray

This is the season for lumber and homebuilding stocks to do well. Technically, the chart shows a rising bottom coming up towards the flat line. If it breaks above, you are looking forward to it going much higher.


Price:
$89.590
Subject:
SEASONAL & TECHNICAL
Bias:
BULLISH
Owned:
Unknown
Showing 1 to 15 of 55 entries
First Previous 1 2 3 4 Next Last

No Comments.


You must be logged in to comment.