Pope Resources L.P. (POPEZ) is An Excellent Stock Pick from the Forestry & Wood Products Business
A decline in net income during the most recent quarter is a reason for stock investor celebration in this exceptional case. The company is part of the Forestry & Wood products Industry. Environmental concerns are paramount for sustained success in this business. The recent decline in earnings results from the company's agreement to pay for environmental remediation in one of its purchased real estate properties. The original owners, who caused the environmental damage, have filed for bankruptcy. The management deserves investor support for volunteering to pay all costs related to the remediation of its acquired property. The company has nursed…