Here's Why Weyerhaeuser Will Win in 2021
One of the most critical issues facing the U.S. economy right now is a housing shortage. Ever since the housing bubble and Great Recession of 2008, the U.S. has underbuilt, with housing starts only recently touching historical averages. According to the National Association of Realtors, the supply of homes for sale fell to a record low of just over 1 million at the end of February.
At the same time, lumber prices have tripled over the past year. Weyerhaeuser (NYSE: WY) is the premier timber real estate investment trust (REIT) in North America, and it's in good position to capitalize on this shortage.
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Source Fool.com
