Lumber firm Weyerhaeuser is betting on a strong housing market for years, CEO says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

'It all goes back to the level of underbuilding that we've been doing in the U.S., really going back to the last Great Recession,' CEO Devin Stockfish told Jim Cramer.

on Friday the lumber company believes the U.S. housing market will remain strong for years ahead, even after the pandemic helped fuel a surge in homebuying.

Seattle-based Weyerhaeuser, which owns or controls 11 million acres of timberland in America, makes lumber products that are essential in building homes, giving Stockfish insights into market conditions both presently and in the future.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AMC Entertainment Launching Retail Popcorn Business: It’s “So Natural And Logical,” Says CEO Adam AronTheatrical giant AMC Entertainment announced it’s “expanding its business outside of the traditional theatrical exhibition industry with plans to capture a piece of the growing multi-billion dollar popcorn market” interesting So stupid. This stock is going back to $2/sh ? ANC pops Orville Rs popcorn
Source: DEADLINE - 🏆 109. / 63 Read more »

AMC Networks Interim CEO Touts “Beauty of Small Numbers,” Sees No Need to “Scale by Acquisition”Former Showtime Networks chief Matt Blank spoke during the company's third-quarter earnings conference call.
Source: THR - 🏆 411. / 53 Read more »

New popcorn business won't be a 'gamechanger' for AMC, says rival movie theater CEOPopcorn may be a staple at the movie theater, but it won't be a 'gamechanger' for AMC Entertainment, said Cinemark CEO Mark Zoradi on Friday. Honestly i never thought to earn as much as have earn now Though i didn't know the trading process at first thekimal thought me steps to earn from Bitcoin trading have been earning massively trading with her Get your BTC and DM the account manager thekimal AMC AMCtothemoon That was she said !
Source: CNBC - 🏆 12. / 72 Read more »