Rayonier: Buy Timberland Cheap Relative to Replacement Cost - Trade Plan to Capture a Re-rate
Rayonier's timberland portfolio and recent corporate actions make the stock an actionable swing trade. The market is underpricing the combination of recurring cash flow, a potential special return of capital and merger-driven upside. Entry at $20.25, stop at $19.20 and target at $24.00 for a mid-term trade (45 trading days).