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BCC - Boise Cascade Company: Still Not A Good Time To Buy
May, 20 2024 12:17 PM
Boise Cascade L.L.C.
2024-05-20 12:17:40 ET
Summary Boise Cascade Company experienced positive volume growth in Q1 2024, but struggles with weak pricing and multifamily housing starts. Long-term prospects for the company remain promising due to secular tailwinds in the housing industry. Expected volume decline should negatively impact margins in 2024. The stock is currently trading at a premium valuation to its historical average, making the valuation unreasonable at the moment.
The Thesis For further details see:
Boise Cascade Company: Still Not A Good Time To Buy
Stock Information
Company Name:
Boise Cascade L.L.C.
Stock Symbol:
BCC
Market:
NYSE
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