PulteGroup, Inc. (PHM), Weyerhaeuser Company (WY): Positive Signs Abound for Housing

Rayonier believes that its forest resources business is seeing “the early stages of an improving housing market” with profits “being reflected in increasing sawlog demand and prices.” The pricing power at both homebuilders and forest product companies is a key sign of recovery. It’s a trend that’s likely to continue when Plum Creek Timber Co. Inc. (NYSE:PCL) reports earnings later today. Investors have taken notice and appear to have already priced these exceptions into the stock, as its shares are already up more than 20% year to date.

Unfortunately for investors, the easy money in housing-related stocks has already been made. Other than Weyerhaeuser Company (NYSE:WY) these companies have all outperformed the S&P this year, with Plum Creek nearly doubling the index.

The article Positive Signs Abound for Housing originally appeared on Fool.com.

Motley Fool contributor Matt DiLallo has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

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