CTT - CatchMark Timber Is A Strong Buy Here's Why
Michael Boyd contributed to this article.
Boom! Shares in CatchMark Timber Trust (CTT) have bounced back nicely in 2019 - shares are up ~30% - validating our Strong Buy call last year. As you recall, since we touched on CatchMark in November (in the marketplace), shares have broadly performed in line with its peer group: Weyerhaeuser (WY), PotlatchDeltic (PCH), and Rayonier (RYN).
While some critics might be quick to blame fears (on timber REITs), that economic sentiment is now firm that the U.S. is heading