Stella-Jones Inc. (TSX: SJ, OTC: SJLIF)

Montreal based Stella-Jones (SJ) is one of the leading producers of pressure-treated wood products in North America, supplying electrical utilities and telecommunications companies with utility poles, and railroad operators with railway ties and timbers. It also manufactures and distributes residential lumber to retailers for outdoor applications as well as industrial products for construction and marine applications. Finally, it harvests and sells logs and lumber.


Income Investor

Despite its strong price performance over the last 18 months, Stella-Jones remains a Buy for its exposure to infrastructure expenditure in telecommunications, utilities, and railroads, all of which are sectors with very stable demand characteristics. - Gavin Graham

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SJ was first recommended here on December 21, 2020