Demand for Lumber Is Surging. Is Weyerhaeuser a Buy?
While most stock investors don't pay close attention to them, commodity prices can influence the share prices of natural resource companies. What does that mean for Weyerhaeuser (NYSE: WY), a timber real estate investment trust (REIT) and one of the largest operators of timberland in the world? Weyerhaeuser owns or controls 11.5 million acres of timberland in the U.S., primarily in the Northwest, the South, and the Upper Midwest/Northeast regions of the country.