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Motley Fool names LP, Builders FirstSource as stocks to buy and never sell, noting both companies have staked out bigger position in R&R market; LP's siding business generated more revenue than OSB in Q3, and is less affected by any drop in housing starts
Published:
January 26, 2023
by The Motley Fool
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CIBC conference highlights with Doman: CEO sees 2023 building products demand affected by US housing starts decline, 10% slowdown in Canadian residential construction; lumber prices may be range-bound in 2023, trading in US$50/mbf band from current levels
Published:
January 24, 2023
by CIBC World Markets Inc.
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RBC Capital: December US housing data viewed as neutral, with housing starts slightly above expectations and housing permits moderately below estimates; homebuilder confidence rose after 12 consecutive monthly declines, as interest rates cooled modestly
Published:
January 24, 2023
by RBC Capital Markets LLC
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CIBC conference highlights with Adentra: CEO says homes under construction remained elevated in December, but slowdown in housing starts could impact results in 2023; R&R expected to hold up better than new residential, and commercial side remains healthy
Published:
January 23, 2023
by CIBC World Markets Inc.
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CIBC conference highlights with Interfor: CFO sees downside risks to 2023 consensus US housing forecasts of 1.2-1.3 million, but upbeat on demand prospects for 2024; pricing expected to be more challenging in H1, but pointing to better H2; R&R holding up
Published:
January 23, 2023
by CIBC World Markets Inc.
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