5 Housing Stocks for a Rebound

Stock #3: Plum Creek Timber (PCL)

Demand for lumber is way down from prior levels as a result of the housing crisis, and so are lumber company stocks. Plum
Creek Timber (PCL), a real estate investment trust that owns timber acreage, has
seen its stock value cut in half due to the negativity surrounding anything labeled “REIT.”

But that’s a mistake, as this REIT will do really well when demand for lumber improves. With a dividend yield of more than 5%,
investors in the stock will literally get paid to wait for the home sector to rebound.

I expect PCL to double in value when the
rebound happens.

NEXT: Stock #4: Temple-Inland (TIN)