NYSE:OSB

Norbord Inc. (OSB)

43.13
-0.00 (0.00%)
as of Jan 29, 2021, 11:00:08 pm Market Open.
23 watching
0
BUY ON WEAKNESS
Oriented strand board for houses. Terrific company but probably not the time to buy. Needs a real rebound in US housing. Forecasts are half 1 million starts this year and 8 hundred thousand next year. Historic level is 1.5 million starts. You could probably get in lower than the current price. If you've got the stomach for volatility 3 years out, this is a very good stock.
PAST TOP PICK
(A Top Pick April 22/10. Down 28.5%.) Sold at $11.15 Sept 1/10. Highly leveraged to oriented strand board, which is very much tied to the US housing recovery.
PAST TOP PICK
(A Top Pick April 22/10. Down 26%.) Sold his holdings.
DON'T BUY
Pulp, veering toward cotton and other natural textiles. Don’t compare it with Domtar and others like that.
TOP PICK
3rd largest OSB (Oriented Strand Board) producer in North America. This is a way to play a recovery in the US housing market. It may take some time. Looking at the supply and balance the US needs 1-2 million new homes a year and are currently at 500-600 thousand.
BUY
Low cost producer of oriented strand board. Stock has come off a good deal because of fears of weak US housing starts. Will take a couple of quarters but it is a well managed company and will be a survivor.
WAIT
Is the preeminent producer of strand-board. Most efficient plants. Nobody is building much, but the hurricanes give them a little lift. Within 2-3 years, US house building will be back. Well-managed, good plants, but you might have to wait a while.
DON'T BUY
Did a reverse split and he would wait at least 1 year before considering this. Forestry sector is improving.
TOP PICK
Low-cost producer of oriented strand board. (Cheaper substitute for plywood) Cyclical industry. Prices for strand board has almost doubled in the last quarter. Looking for a couple of really upside surprise quarters.
WAIT
Everyone’s darling. Huge dividend. Mediocre for 2010 and 2011 because of unsold new houses in US.
DON'T BUY
(Market Call Minute.) Forest products area. We'll continue to face challenges.
BUY
Loosing money so paying dividends out of capital, but parent is taking their dividend as shares. Don’t buy it for the dividend but it is a nice way to get paid.
SELL
(Market Call Minute.) Housing industry in the US has record inventories.
DON'T BUY
Not very bullish on the whole forest products industry. There is way too much supply in the world. Demand has been flat to declining.
BUY
An economically sensitive stock, however these stocks tend to discount the bad news fairly quickly, so now it is really looking forward to better days. Technically it looks like the stock has bottomed. The safety of the dividend is probably questionable.
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