Weyerhaeuser Worth Buying on Solidifying US Housing Market

Weyerhaeuser Company (WY – Free Report) is a solid choice for investors, seeking exposure in the building-products industry. Growing global economy and strengthening housing market in the United States are currently the prime drivers for the stock. Internally, sound capital-allocation policies like dividend payments, share buybacks, investment in acquisition and others are boon for the company. The stock, with roughly $27.5 billion market capitalization, was upgraded to a Zacks Rank #1 (Strong Buy) on May 18.

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Source: Zacks