Should You Steer Clear of BCC Stock on Gloomy Near-Term Prospects?
Boise Cascade(BCC) ZACKS·2024-09-03 23:41
Shares of Boise Cascade Company (BCC) have gained 2.6% in the past three months against the Zacks Building Products - Wood industry’s 0.5% decline. Although the company’s shares have outperformed the industry, softer housing demand trends (mainly multi-family starts), inflated cost and expense structure and product pricing fluctuations might pull back the stock performance in the near term.Image Source: Zacks Investment ResearchGiven the ongoing uncertain macroeconomic scenario, Boise Cascade expects this t ...