Plum Creek: Timber!

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"With its strong balance Plum Creek Timber (NYSE: PCL) will be able to weather the real estate storm," says growth and income expert Stephen Leeb in The Complete Investor. Here is his look at the timber play.

"Plum Creek, which was added to our model portfolio in November, is the largest and most geographically diverse private landowner in the U.S. and owns more than 7.4 million acres of timberlands in the Pacific Northwest, the South, and the Northeast.

"It also owns and operates wood products manufacturing facilities in the Northwest. While residential construction is weak, prices still are strong in some of the company's segments, such as pulpwood.

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Plum Creek: Timber! originally appeared on BloggingStocks on Fri, 17 Apr 2009 17:00:00 EST. Please see our terms for use of feeds.

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