This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Big Stocks Ready to Get Squeezed Higher

Plum Creek Timber

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Plum Creek Timber (PCL - Get Report) is a unique REIT name too -- the $6.7 billion firm owns timber producing properties, as well as a wood product manufacturing business. Only the timberland business falls under REIT rules, with logging operations treated as a traditional taxable corporation. For all intents and purposes, though, PCL's bread and butter remains its timberland, particularly as PCL works to earn more money through recreation, development, and conservation efforts than through logging.

All in, Plum Creek owns 6.6 million acres of timberland spread across 19 states, making it one of the largest private landowners in the country. The sheer scale of Plum Creek's holdings make it unique -- and that's a big reason why the firm has been exploring nontraditional uses for its land portfolio. Logging removes considerable value from its land, whereas recreation, for instance, adds to the value of PCL's land per acre.

>>3 Sleeping Giants Ready to Bounce Higher

PCL has done some things to ruffle some investors' feathers in recent years -- and to stoke short sellers. One of the biggest is the fact that PCL has been slowly liquidating land to generate cash for its dividend, rather than relying on more perpetual sources of profitability. While concerns are warranted, investors need to remember that PCL has only been covering its dividend shortfall during a challenging time for its alternative income strategies.

The concerns seem overblown at this point, especially given the fact that the stock's short interest ratio has ramped up to 14.5. At that level, it would take three full weeks of buying pressure for shorts to run from this stock.
3 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
PCL $36.54 0.00%
DEI $32.45 0.00%
DLR $87.98 0.00%
O $59.20 0.00%
REG $73.70 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs