Paper & forest products industry
Article Abstract:
Paper and forest products industries earning and economic performance have been on a steady decline for seven quarters since they reached their high point in the summer of 1995 and are expected to drop even further in the immediate future despite the tradition of cyclical changes. Paper prices are dropping and the construction industry demand for lumber will be impeded by increased interest rates. Investors who require good year-ahead performance should avoid involvement with paper and forest products companies whose equity prices are already near all-time highs.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
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Paper & forest products industry
Article Abstract:
Production of paper and paperboard fell 4% and 5% respectively in May 1996, due to high customer inventories and eroding prices in the spring of 1996. Even though markets for some individual products remain chaotic, prices in other market sectors may stabilize in the second half of 1996. Lumber prices were also volatile in the 2nd qtr of 1996, ending with an 11% gain. Most investors should not seek stocks in this industry in 1996.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
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Comment about this article or add new information about this topic:
Paper & forest products industry
Article Abstract:
Paper prices have decreased from Jan 15-Mar 30, 1996 and profits are not expected to be high during 1st qtr 1996. The downturn in prices from 1990-93 had companies attempting to recoup their losses with major price increases between Jan 1994 and summer 1995. Investors should not purchase these stocks because prices are not expected to increase.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1996
User Contributions:
Comment about this article or add new information about this topic: