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Updated · MarketWatch · May 6Weyerhaeuser shares rise for second straight day
8 articles · Updated · MarketWatch · May 6
- The stock gained 1.43% to $24.04 on Wednesday as the S&P 500 rose 1.46% and the Dow added 1.24%.
- Despite the advance, Weyerhaeuser lagged International Paper, whose shares climbed 5.21% to $33.52 in the same session.
- Weyerhaeuser closed 13.71% below its 52-week high of $27.86, while trading volume of 4.3 million stayed below its 50-day average of 5.4 million.
Why does the market ignore a valuation suggesting Weyerhaeuser's stock could be worth five times its current price? With a risky dividend and housing headwinds, is Weyerhaeuser a deep value play or a classic value trap? Can Weyerhaeuser's long-term climate strategy win against competitors' immediate M&A moves in a tough market?