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NYSE:LPX

63.90
1.77 (2.70%) 1d
0
Showing 1 to 15 of 19 entries
HOLD
The stock can go lower and yes, the chart is hideous, but stick with it, because he doesn't believe that earnings will fall apart in 2021.
misc industrial products
COMMENT

Earnings are sort of catching up to the stock. It is selling at 29X PE ratio, which is not exactly a giveaway. Earnings forecast has been rocketing upwards, but that would still call for a downside risk of about 22%. If it doesn’t hold here, it is going to take a step down. To him, this has an abyss in front of it.

misc industrial products
COMMENT

Has always stayed away from the OSB market. The business has been consolidated, and very much like the commodity business. A lot of people got very excited about the housing market, but consumers are not going to go to that great big bump like we saw in the early 2000’s. Doesn’t think it is going to be a huge growth business.

misc industrial products
COMMENT

A very levered play on the housing market. Housing starts has been hovering around 1 million per year, whereas a normalized run rate would be 1.5 million. At some point he expects housing starts to improve. This company specifically makes building products, and more specifically oriented strand board OSB. Down around 30%-35% from about a year ago. This gives you big swings. He would recommend going into something that is a little more stable.

misc industrial products
COMMENT

(Market Call Minute.) This would be a Hold at best. The lumber market is rolling over and housing in the US is slowing down a little. Doesn’t see a lot of upside.

misc industrial products
PAST TOP PICK

(Top Pick March 14/13, Down 24.25%) He kept some other housing names.

misc industrial products
HOLD

Positively predisposed towards this sector for the next year or 2. There is a bit of a North American super cycle going on in terms of the right segments of forest products. The stock has had a huge, huge run, especially last year. This has been subject to profit taking and has gone sideways for the last year. Would probably be a buyer at the bottom of its trading range.

misc industrial products
PAST TOP PICK

(A Top Pick Jan 22/13. Down 16.21%.) This one got ahead of itself because of OSB (oriented strand board). When you look at OSB and the production and residential construction, you have seen this one come back in the last few weeks. This is a long-term hold. He is still buying more shares. Will have some volatility, so Buy on dips.

misc industrial products
BUY

Just acquired Ainsworth Lumber (ANS-T). Likes this sector quite a bit. Like a lot of other forestry stocks, had a huge, huge run over the last years and is now having a bit of a correction. Thinks this is a Buying correction on the way to higher highs. You have to remember these are cyclical stocks so you have to watch every quarter

misc industrial products
BUY

Feels there is going to be a strong growth in the US housing market. Companies like this should do well. It probably got ahead of itself and has pulled back. The issue you face with any kind of lumber company is that they are highly cyclical. You need to Buy when the market is in its dire straits and Sell when things are really rosy. Feels the housing market is in the 1st little bit of where it is going to go to in the US. Expect some volatility with this.

misc industrial products
BUY

Forest products and fairly well-positioned. One of the few resource sectors that are working right now. Produce a lot of fibre which is an area that he has a very positive outlook on for the next year. You have to be a little careful. A cyclical stock that has doubled in the last year. This pull back is now a buying opportunity.

misc industrial products
BUY

One of the largest OSB (oriented strand board) companies along with Norbord (NBD-T). Very much likes the OSB space and is a good way to play housing. OSB prices have been very, very strong because of strong demand from homebuilders. (See Top Picks.)

misc industrial products
TOP PICK

One of the largest producers of oriented strand board (OSB) and wooden panels for housing construction. Also, manufacture wood siding and engineered wood products. All the data in the US points to a sustained housing market recovery. This will convert into stronger earnings and cash flow.

misc industrial products
COMMENT

One of the biggest strand board producers in North America. Have done really well, obviously because of the US housing recovery. He has struggled whether he should Buy or not. The issue is that as the price of OSB goes up, there is a lot of spare capacity out there and many will get restarted. He questions how disciplined the big producers will be bringing them back. He doesn’t know the answer. He needs more confidence.

misc industrial products
TOP PICK

OSB (oriented strand board) play. OSB is used for short-term things such as hurricane Sandy, reroofing, construction, etc. Bull market should extend well through 2016, as timber supply “shocks” start to be felt. Shortness of supply is driving a longer-term trend.

misc industrial products
Showing 1 to 15 of 19 entries

Louisiana Pacific Corp(LPX-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Louisiana Pacific Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Louisiana Pacific Corp(LPX-N) Frequently Asked Questions

What is Louisiana Pacific Corp stock symbol?

Louisiana Pacific Corp is a American stock, trading under the symbol LPX-N on the New York Stock Exchange (LPX). It is usually referred to as NYSE:LPX or LPX-N

Is Louisiana Pacific Corp a buy or a sell?

In the last year, 1 stock analyst published opinions about LPX-N. 0 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Louisiana Pacific Corp.

Is Louisiana Pacific Corp a good investment or a top pick?

Louisiana Pacific Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Louisiana Pacific Corp.

Why is Louisiana Pacific Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Louisiana Pacific Corp worth watching?

In the last year, there was no coverage of Louisiana Pacific Corp published on Stockchase.

What is Louisiana Pacific Corp stock price?

On 2022-05-20, Louisiana Pacific Corp (LPX-N) stock closed at a price of $63.9.