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Stock #4: Temple-Inland (TIN)
Temple-Inland’s (TIN) touches the single family home construction market in a
number of ways. As such, its fortunes rise and fall with the number of homes being built.The disastrous collapse in new construction
did not destroy TIN, but it came close. Shares of TIN fell to $2.34 per share at the market bottom in March. But they have come
roaring back on hopes of a recovery in housing and now trade above $12.Amazingly, that is well below the 52-week high of $20.49. The really big returns have been made in TIN, but there are still
nice gains to be had here. I see the stock doubling in value or more over the next year or two.Housing starts have nowhere to
go but up, and when they do, TIN will do the same.
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