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Actionable news in PCH: Potlatch Corporation,

Bull Of The Day: Potlatch (PCH)

The US housing market continues to strengthen this year thanks mainly to improvement in the labor market and still low interest rates. This Zacks Rank #1 (Strong Buy) timber REIT is well positioned to capitalize on the housing market recovery.

About the Company

Structured as a REIT, Potlatch (PCH - Free Report) owns approximately 1.4 million acres of forestland in Alabama, Arkansas, Idaho, Minnesota and Mississippi. The company also operates five manufacturing facilities that produce lumber and panel products. They are among the top 10 lumber manufacturers in the US.

Additionally, the company conducts a real estate sales and development business through its subsidiary.

Better-than-expected Results

The company reported much better-than-expected Q4 results. Their adjusted income of 35 cents per share...