Mark Jackson, CFA
Norske Skog Canada Ltd.
NS-T
WEAK BUY
Oct 04, 2004
Typically towards the end of an economic cycle, you would see newsprint turn around. Hasn't happened yet, but if you want to be in the newsprint sector this has much healthier balance sheet than Abitibi.
With this stock, you have to keep an eye on the softwood lumber dispute.Forest product stocks have not really started to turn yet.May be a good opportunity as a contrarian play.
Company has tended to have quite a few problems over the last few years as they are not necessarily the lowest cost/highest quality of their product. Also had indigestion problems with some of their acquisitions. Would prefer others in that sector.
Your Watchlist
Add stocks to watchlist to monitor them daily and get important alerts.