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!
Note
TRADE UPDATE: Very, very, successfulThe chart speaks for itself!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.