In an interview on CNBC’s Mad Money, Devin Stockfish said homebuilding will be a strong tailwind for the company. The Trump administration has been very supportive to the timber industry, he noted. “Our business has always been run sustainably,” he added. “We’re ready to start to scale the climate solutions business.” The company plans to continue to repurchase shares going forward, according to Stockfish.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WY:
- Weyerhaeuser Highlights Strategic Growth at Investor Day
- Strategy CEO Compares MSCI’s Bitcoin Exclusion Proposal to ‘Penalizing Chevron for Holding Oil’
- Weyerhaeuser outlines 2030 financial targets ahead of investor day
- Weyerhaeuser, Aymium to produce and sell 1.5M tons of biocarbon annually
- Weyerhaeuser price target lowered to $33 from $35 at Seaport Research