Was Robert Bishop’s Impala Asset Management Right About These 5 Stocks?

2. West Fraser Timber Co. Ltd. (NYSE:WFG)

Impala Asset Management’s Stake Value: $91M

Stock performance over the past 12 months through November 27: -1%

West Fraser Timber Co. Ltd. (NYSE:WFG) is a Canadian forestry company that produces lumber, LVL, MDF, plywood, pulp, newsprint, and wood chips. Although it mainly conducts business in Canada and the United States, the company also exports items to South America, Europe, and Asia.

On October 25, TD Securities analyst Sean Steuart downgraded West Fraser Timber Co. Ltd. (NYSE:WFG) to Buy from Action List Buy with an $85.87 price target.