|Last Price$32.50||Day Change (%)-7.09%|
|Open Price$32.80||Day Change ($)-2.48|
|Day Range32.23–33.55||52-Week Range32.23–54.96|
As of Fri 4/17/2015 4:16:00 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.