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  5. ADN: Is now a good time to start a position in a lumber company or home builders? [Acadian Timber Corp.]
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Q: Is now a good time to start a position in a lumber company or home builders? If so can you suggest some?

Thanks

Mike
Asked by Michael on July 20, 2023
5i Research Answer:

There is renewed optimism on the homebuilding sector, which is firming up lumber prices. The cyclical downturn has made current entry points fairly attractive. Some of the names we like are ADN, CFP, and WFG.