We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Potlatch is a timber REIT. They own approximately 1.4 million acres of forestland and are among the top 10 lumber manufacturers in the US.
According to a report from National Association of Home Builders, softwood lumber prices increased more than 10% during the first four months of 2017 and are at their highest level since September 2004, thanks mainly to the ongoing trade dispute between the US and Canada.Of all timber REITs, Potlatch has highest leverage to lumber prices.
They reported better-than-expected results and analysts have been raising their estimates.
As they’re structured as a REIT, they have a very juicy dividend yield of 3.4% as of now. The company has also been returning a lot of cash to shareholders via buybacks.
It’s a Zacks Rank #1 (Strong Buy) stock, with an industry rank in top 5%.
BASF is a German chemicals giant with presence in many countries around the world. Their portfolio ranges from chemicals, plastics, performance products and agricultural products to oil and gas.
They reported excellent results for Q1, with 19% growth in sales and 23% rise in net income. Analysts have been raising their estimates after solid results.
They have been raising their dividend consistently for the past many years. Their current dividend yield is 2.5%.
It’s a Zacks Rank #1 (Strong Buy) stock with a VGM score of “B” and an industry rank in top 8%. The stock is an excellent play on improving global economy and further, rising oil prices should also boost their profitability.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
This Week's Top Growth & Income Stocks
Potlatch (PCH - Free Report)
Potlatch is a timber REIT. They own approximately 1.4 million acres of forestland and are among the top 10 lumber manufacturers in the US.
According to a report from National Association of Home Builders, softwood lumber prices increased more than 10% during the first four months of 2017 and are at their highest level since September 2004, thanks mainly to the ongoing trade dispute between the US and Canada.Of all timber REITs, Potlatch has highest leverage to lumber prices.
They reported better-than-expected results and analysts have been raising their estimates.
As they’re structured as a REIT, they have a very juicy dividend yield of 3.4% as of now. The company has also been returning a lot of cash to shareholders via buybacks.
It’s a Zacks Rank #1 (Strong Buy) stock, with an industry rank in top 5%.
BASF SE (BASFY - Free Report)
BASF is a German chemicals giant with presence in many countries around the world. Their portfolio ranges from chemicals, plastics, performance products and agricultural products to oil and gas.
They reported excellent results for Q1, with 19% growth in sales and 23% rise in net income. Analysts have been raising their estimates after solid results.
They have been raising their dividend consistently for the past many years. Their current dividend yield is 2.5%.
It’s a Zacks Rank #1 (Strong Buy) stock with a VGM score of “B” and an industry rank in top 8%. The stock is an excellent play on improving global economy and further, rising oil prices should also boost their profitability.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>>