The Investment Reporter, in its April 22, 2022, issue, says buy Hardwoods Distribution Inc., recently $33.89. The Reporter said buy five times from Sept. 28, 2018, to July 9, 2021, at prices ranging from $10.22 to $36.50. Assuming a $1,000 investment for each of the five purchases, the $5,000 position would now be worth $10,268. Hardwoods Distribution is a distributor of architectural building products operating under multiple brands across North America. For the year ended Dec. 31, 2021, Hardwoods earned $111.7-million (U.S.), or $5.17 (U.S.) a share, compared with earnings of $32.9-million (U.S.), or $1.53 (U.S.) a share, in 2020. While that appears attractive, the Reporter says the company's earnings may be flat over the next few years. Still, the Reporter believes Hardwoods' stock is attractive because it is undervalued. It trades at just 5.6 times the $6.02 (Canadian) a share that the company should earn in 2022. Earnings estimates for future years do not reflect acquisitions, which is something that Hardwoods focuses on. The company pays a dividend of 60 cents a share, a decent yield of 1.8 per cent. The Reporter says buy Hardwoods Distribution for long-term growth and some income.