Here's Why You Should Add Boise Cascade (BCC) Right Now
Zacks Investment Research | Jun 13, 2017 08:15AM ET
Boise Cascade Company (NYSE:BCC) is one of the largest producers of engineered wood products and plywood in North America and a leading U.S. wholesale distributor of building products. This Zacks Rank #1 (Strong Buy) company has solid prospects and should make a valuable addition to your portfolio. Let us delve deeper into the other factors which make this stock a lucrative pick.
Earnings & Revenue Growth
Boise Cascade makes a great pick in terms of growth investment. Arguably, nothing is more important than earnings growth as surging profit levels are often an indication of strong prospects.
While Boise Cascade has put up a historical EPS growth rate (average trailing 12-month EPS growth rate over the last 3-5 years of actual earnings) of 58.4%, compared with the industry average of 23.7%, investors should really focus on the projected growth. Here, the company is looking to grow at a rate of 61.4%, while the Zacks categorized Original post
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