$BCC stock good long and short term stock

Original Reddit post

A Boise Cascade employee argues BCC is a strong long-term and short-term buy, citing its manufacturing/distribution scale, acquisition strategy, cyclical lumber downturn, and defensive financials.

BCC — LONG The author, a lumber buyer at Boise Cascade, believes BCC is a good long and short term buy because the company manufactures and distributes and is always acquiring companies, making it a powerhouse long term. Short term the stock is down 50% from its all-time high due to weakness in housing and construction and the post-Covid lumber normalization, and the author expects the industry's cyclical nature to drive a recovery as lumber prices are currently low. The author also views it as defensive due to its financials and consistency; no specific risk beyond the current cyclical downturn is stated.

Overall I think it will go up because of its industry’s cyclical nature (which is on negative side right now, lumber prices are low) and what I believe from being in it.