Friday, April 25, 2014

Time to Invest in Forestry

Investment bank Dundee Capital Markets says it might be worth investing in the forestry sector.

A research report cites increasing housing starts in the U.S. and a lower Canadian dollar to the American greenback as being favourable to Canadian producers.

It names Domtar and Resolute Forest Products as preferred investments because both stocks are inexpensive and because of the forecast for growth in earnings.