January 14 - National Post (Canada.com) - Call it green or call it black – Richard Kelertas thinks you should be able to find some colour other than red in forestry stocks this year.
Sino-Forest Corp., Catalyst Paper Corp. and TimberWest Forest Corp. top the list of buys for 2008 at Dundee Securities. The analyst’s top sells are Fraser Papers Inc., Tembec Inc. and AbitibiBowater Inc.
“Our current picks favour timber/log and private timberland since markets are currently experiencing uncertainty and volatility, Mr. Kelertas said in a recent research note. “With the steady and reliable returns that private timberland and log/plantation development provides investors over time, we are quite comfortable with our call.” Read More.
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