April 11, 2012 at 11:45 AM EDT
Guggenheim Timber Poised for a Rebound
March brings in the season where the best college basketball players in the country run up and down the hardwood. But when it comes to investing I’ve been observing a big rebound taking place on hardwood of a different sort. During the last three months one exchange-traded fund that I have noticed jumping like an All-American is Guggenheim Timber ETF (CUT). Guggenheim Timber has been soaring since hitting a record low last fall. Specifically Guggenheim Timber slid last year to $15.41 per share on October 3 and again on November 25. The price of Guggenheim Timber has traded up ...
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