In the most recent trading session, Louisiana-Pacific (LPX) closed at $80.06, indicating a -0.9% shift from the previous trading day.
Louisiana-Pacific (LPX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Louisiana-Pacific (LPX) reachead $82.39 at the closing of the latest trading day, reflecting a -0.34% change compared to its last close.
The heavy selling pressure might have exhausted for Louisiana-Pacific (LPX) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Louisiana-Pacific's (LPX) strong Siding business and strategic investments drive growth.
Louisiana-Pacific (LPX) reported earnings 30 days ago. What's next for the stock?
Does Louisiana-Pacific (LPX) have what it takes to be a top stock pick for momentum investors? Let's find out.
Louisiana-Pacific Corporation's partnership with Lennar is expected to expand its geographic reach and increase market share, contributing to revenue growth. The company is focusing on shifting away from commodity OSB business and growing its Siding and value-added OSB business. LPX's margins are expected to improve as the business mix shifts towards higher-margin products and the company continues to optimize its cost structure and invest in operational efficiency.
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Investors target stocks that have been on a bullish run lately. Stocks like WWW, SIG, THC, LPX and SIMO that are seeing price strength have a high chance of carrying the momentum forward.
Recently, Zacks.com users have been paying close attention to Louisiana-Pacific (LPX). This makes it worthwhile to examine what the stock has in store.