I started looking at this stock in November, 2010 and was tempted to buy then. Now I'm wondering if it is still a good buy. I'm not big into tech, so this may be a good fit like CLF etc.
Interesting explanation about PEG in down times, Thank you. I still don't know why Wy would have such a higher growth rate statistic than Plumcreek (PCL). Maybe it is foreign exposure, I don't know.
You are comparing a .04 earnings for the quarter. In normal times the PEG is a good indicator. When earnins is in small single digits the PEG can swing wildly. Earnings in a recession can be dramatically down then sky rocket when the industry picks up. .04 earnings is nothing. We all understand the indusry downfall right now. I am buying for two years from now.
If you own WY you may want to hold if you’re down. If you don’t own WY there are other companies with human assets (workers) you can invest in. WY is top heavy, yet continues to bleed. iLevel, SAP and sawmills with no value still stand in their way.
Not just "the dividends," but the special stock dividend that was a component of the REIT conversion and had the same effect on the stock price as a stock split. Barron's and their correspondent ignored the massive effect on stock price of the REIT-related stock dividend and trashed WY stockbased on unadjusted price. Regardless of what one thinks of WY's future prospects, what Barron's published was so stupid as to earn them a permanent ticket to the fish-wrapper pile - before reading. (I know. Some of you in the post-print-media era won't get the reference to a newspaper's being good for nothing more than wrapping fish.)
Director (John Kieckhefer) just sold $22 million. I got spooked and rang the register.
I'm not sure why Weyerhaeuser has a 2011 growth rate of 48% and Plumcreek (PCL) is only 5%. If the analysts are correct, then Wy trading at 32X 2011 earnings is much, much cheaper than PCL at 27X 2011 earnings. Has anyone else looked at that???