When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
IYM - Sylvamo: Great Performance But Time For A Pause
iShares U.S. Basic Materials
The paper company Sylvamo has generated fantastic capital gains since separating from International Paper in October 2021.
The valuation on the basis of earnings is still solidly in value territory, shareholders will begin receiving dividends in July, and a share repurchase program was also announced.
However, the impact of rising rates is bringing an end to the long season of having no alternatives to equities, and Sylvamo may have peaked for the moment.