I bought Weyerhaeuser in march of 2020 Thinking there was no reason for this stock to drop 60% due to the pandemic. I had assumed it would bounce back in a year. This thesis has worked out as expected.
- I'm selling while timber prices are at a peak.
- Forward Div Yield is 2% which tells me the stock is slightly over priced.
Since I am not interested in a low dividend for a solid, slow growth company, my work here is done. I am selling and moving on to a more lucrative investment.