|Last Price$44.50||Day Change (%)-2.65%|
|Open Price$43.25||Day Change ($)-1.21|
|Day Range43.25–44.50||52-Week Range33.58–50.00|
As of Mon 4/17/2017 3:50:00 PM | USD
Week ending March 2: Stocks plunge on global macroeconomic risks.
We're confident that the firm can generate consistent economic profits over the next decade thanks to the low-cost production advantage in its legacy mills.
Temple-Inland's commodity exposure concerns us.
Lower commodity prices and a break-up of the European potash cartel have weighed on basic materials stocks year-to-date.
The market seems smitten with the newfound pricing power in the industry, but it won't last.