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29 March
Validea Peter Lynch Strategy Daily Upgrade Report - 3/29/2024

The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets.

RAYONIER INC (RYN) is a mid-cap growth stock in the Forestry & Wood Products industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.

Company Description: Rayonier Inc. is a timberland real estate investment trust (REIT) with assets located in productive softwood timber growing regions in the United States and New Zealand. The Company's segments include Southern Timber, Pacific Northwest Timber, New Zealand Timber, Real Estate and Trading. It owns, leases or manages approximately 2.7 million acres of timberland and real estate located in the United States South (1.85 million acres), United States Pacific Northwest (418,000 acres) and New Zealand (421,000 gross acres, or 297,000 net plan table acres). In addition, it engages in the trading of logs to Pacific Rim markets, predominantly from New Zealand and Australia, to support its New Zealand export operations. It also engages in log trading activities to these markets from the United States South and United States Pacific Northwest. Its Trading segment primarily reflects log trading activities in New Zealand and Australia conducted by its New Zealand subsidiary.

The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.

Detailed Analysis of RAYONIER INC

About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. ("Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it," is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a "stocks for the everyman/everywoman", breaking his approach down into easy-to-understand concepts.

About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.