Norbord: An Indirect Play On Housing [Seeking Alpha]
NORBORD INC (OSB)
US:NYSE Investor Relations:
norbord.com/investors
Company Research
Source: Seeking Alpha
Norbord: An Indirect Play On HousingSummaryOriented Strand Board is used in houses. The housing market still remains below the historical average.Norbord is a pure play on the commodity. If demand for housing and thus OSB continues, then Norbord has yet to achieve peak cycle.A look at peak multiples from 2003-5 and what they imply for today's valuation.
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