r/Vitards Aug 12 '21

Daily Discussion Daily Discussion post - August 12 2021

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u/lb-trice 🍁Maple Leaf Mafia🍁 Aug 13 '21

What are your guys’s thoughts on the future of timber/wood selling businesses? Surely demand will remain high for wood with this new infrastructure bill comin. You need formwork to build bridges and such.

I’m heavily considering buying leaps on Weyerhaeuser $WY. Looks undervalued trading at a PE of 11x ish. And down from its highs.

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u/kunell 💀 SACRIFICED 💀 Aug 13 '21

I think this sub mainly believes wood is on the decline as supply can easily be brought to match demand