BCC | Strong Fundamental & Technicals

2022년 9월 17일

Boise Cascade Company manufactures wood products and distributes building materials in the United States and Canada. It operates through two segments, Wood Products and Building Materials Distribution. The Wood Products segment manufactures laminated veneer lumber and laminated beams used in headers and beams; I-joists for residential and commercial flooring and roofing systems, and other structural applications; structural, appearance, and industrial plywood panels; and ponderosa pine lumber products. This segment's products are used in new residential construction, residential repair-and-remodeling markets, light commercial construction, and industrial applications. It sells its products to wholesalers, home improvement centers, retail lumberyards, and industrial converters. The Building Materials Distribution segment distributes a line of building materials, including oriented strand boards, plywood, and lumber; general line items, such as siding, composite decking, doors, metal products, insulation, and roofing; and engineered wood products. This segment sells its products to dealers, home improvement centers, and specialty distributors. The company was founded in 2004 and is headquartered in Boise, Idaho.

Not Financial Advice - Just perfecting a process... At the time of this posting, I don't own any positions!

Idea:
Price Target: $2.89 - 3.33 dollars
- Bullish

Pros:
RSI over sold
Increasing volume - charts
Huge Institutional Ownership - fintel. io

Cons:
Unconfirmed breakout - charts
Recessionary environment - economy

Not Financial Advice - Just perfecting a process... Do you own due diligence before investing!

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2022년 9월 17일

노트

Please ignore price target, I didn't update the copy and pasted description I wrote.