LPX (Louisiana Pacific Corp) - Entering new bullish quarter
Louisiana Pacific Corp
Louisiana-Pacific Corporation manufactures building materials and engineered wood products in the United States, Canada, Chile and Brazil. The Company's products are used by homebuilders and light commercial builders. Louisiana-Pacific's products include oriented strand board sheathing, flooring, radiant barrier panels, siding and trim, I-joists, laminated veneer lumber, laminated strand lumber and interior decorative moulding.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Entering new earnings quarter with strength
- Strong Y-on-Y sales and EPS growth
- Expectation for the price to move to MID point as a minimum by the quarter end
- Trailing stop-loss on price above MID point, could see levels of +$65/share
GOOD LUCK.
DO YOUR OWN RESEARCH!
Louisiana-Pacific Corporation manufactures building materials and engineered wood products in the United States, Canada, Chile and Brazil. The Company's products are used by homebuilders and light commercial builders. Louisiana-Pacific's products include oriented strand board sheathing, flooring, radiant barrier panels, siding and trim, I-joists, laminated veneer lumber, laminated strand lumber and interior decorative moulding.
Analysis/Commentary
Strong EPS and Sales Growth Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Entering new earnings quarter with strength
- Strong Y-on-Y sales and EPS growth
- Expectation for the price to move to MID point as a minimum by the quarter end
- Trailing stop-loss on price above MID point, could see levels of +$65/share
GOOD LUCK.
DO YOUR OWN RESEARCH!
The chart speaks for itself!