Weyerhaeuser Company (NYSE:WY) named one of the 13 best blue chip stocks under $50. Seaport Research adjusts its price target on WY to $33 from $35 with a Buy rating following Q3 results. WY partners with Aymium to produce and sell 1.5 million tons of sustainable bicarbon annually through a new joint venture. The partnership aims to build multiple production facilities across WY’s footprint over the next five years, producing 1.5 million tons of metallurgical-grade biocarbon yearly. WY, a major timberlands owner, controls about 10.4 million acres in the US. Check out Insider Monkey for potential AI investments.

Read more at Yahoo Finance: Seaport Research Reworks its View on Weyerhaeuser (WY) After Q3