Paper & forest products industry
Article Abstract:
Below par prices for paper and lumber, ranging from 10% to 30%, has created pressure for profits in the paper and forest products industry in 1998 and 1999, with low demand and overcapacity being the reasons for the slump. Most of the companies that comprise this industry are taking steps to reduce costs, and increased acquisition and merger activity is expected to continue in the years 1999 and 2000. Weak earnings have caused these stocks to be unfavorably ranked for 1999, but there are several that are attractive for the longer term.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
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Paper & forest products industry
Article Abstract:
Markets for the paper and forest products industry have begun to improve in the first six months of 1999, and prices for these products seen to have bottomed out but remain modest in some areas. Operating costs in the industry have been lowered and the supply of paper remains in check by consolidation in the industry, which is likely to continue. These stocks are expected to perform with or trail the market in 1999 and the year 2000 and few of these issues are recommended for investors.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Paper & forest products industry
Article Abstract:
Paper and forest product markets have declined in 2000 and 2001 due to excess capacity and sluggish demand, and these stocks have declined accordingly. However, industry consolidation is expected to increase through both friendly and unfriendly mergers. These stocks are not timely for investors in 2001 and 2002.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 2001
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