Q: I'm watching IFP rally the last two or so days on heavy volumes. I don't see any news. Do you have any insight into this movement? What is your opinion on this stock for the next year or so?
Thanks for this opportunity to ask questions; it is a wonderful service!
Thanks for this opportunity to ask questions; it is a wonderful service!
5i Research Answer:
Thank you for your kind words; There has been no specific company news on IFP, but the sector has had a good week following some upgrades on peer stocks BCC and LPX by Raymond James, as well as renewed optimism on the homebuilding sector, which is firming up lumber prices.