Weyerhaeuser Company (NYSE:WY) ranks among the stocks to benefit from an onshoring boom. While keeping its Buy rating, DA Davidson reduced the price target for Weyerhaeuser Company (NYSE:WY) from $36 to $35 on July 22. The reduction reflects a challenging demand and volume situation in the industry, as well as lower commodity wood product prices. DA Davidson believes the core elements that can enable higher lumber prices for the forestry products industry are still in place, despite these short-term challenges.
Weyerhaeuser’s share price currently represents “an already exaggerated discount” to its net asset value (NAV), according to the firm, which offers downside protection at current trading levels.
One of the biggest private owners of timberlands in North America, Weyerhaeuser Company (NYSE:WY) is a US-based REIT that manages around 10.4 million acres in the United States alone, with additional properties in Canada under long-term licenses.
While we acknowledge the potential of WY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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