Louisiana-Pacific Corporation LPX

Do you realize it “dropped” to 1.57 million starts because there isn’t capacity to build 1.7 million homes a year yet? Go look at Toll Brother earnings statement. Their backlog of sold but unbuilt homes at a record level. Means there is a massive homebuilding surge still coming that will continue to gobble up the lumber and osb for a while.

$LPX is undervalued compared to its Price per share, has well above average safety, and is currently rated a Buy

If the market stayed healthy, no doubt we will see the price over 80$