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Interfor CorpIFP.TOHOLDApr 25, 2017Stock price when the opinion was issued
As of Jun 19, 2026. Market Open.
If IFP can meet earnings estimates it is very cheap. Debt is still higher than most, but in a rally investors tend to ignore debt. Thus it can be a good trader. Fires can be both good and bad for the industry. Impacted companies of course can be hurt, but prices can also rise if a wide area is affected by fire. But this can be short-lived, as salvage logs can hit the market shortly after a fire. In 2021's fires, IFP had a net positive impact but its was very short term.
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Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Commodity prices are jumping violently. The company is debt free and has excess cash. They are very cheap. Although earnings are expected to fall, the economic backdrop is positive for the sector overall. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Investors should not expect the same level of returns over the past year. However, cash flow is increasing sharply and valuation remains very cheap. The sector conditions are favourable with jobs, rats and economic growth. Unlock Premium - Try 5i Free
Canadian forestry stocks? Canadian forestry stocks haven’t done very well because everyone knew the softwood lumber agreements were in question. Instead of the 30%-50% we were all talking about, it is only 20%, which is why these have just taken a jump in the market. Seasonally, forestry stocks start peaking out around now. This one had a strong break out in January and has had a run, even past the seasonal period. He would not be looking at forestry stocks. If you own, you could hold on for now and wait for it to turn down before getting out. Also, you could use a trailing stop and move your stop as it goes higher.