As i have already mentionned this week the construction sector is one of the most interesting sector for a mid term investment and this is really a great time to buy on the dip.
HOV was one of the worst hammered stock since 3 years and many were under the impression that this company would not be able to survive the US crisis.
HOV is a new position to me and i will get in this morning if it dips a bit as i would prefer the 2,50$ range to get in (i detest paying too much for any given stock...)
For those who would like to buy many construction companies but lacking a bit of funds, i would suggest ITB the Dow Jones Construction sector ETF and again i would wait a bit this morning to let the market stabilize as i think we could have a lower open.
As usual (and more actually) DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with extreme caution.
Get THE PLAY OF THE DAY on Twitter : @investman2
HOV was one of the worst hammered stock since 3 years and many were under the impression that this company would not be able to survive the US crisis.
HOV is a new position to me and i will get in this morning if it dips a bit as i would prefer the 2,50$ range to get in (i detest paying too much for any given stock...)
For those who would like to buy many construction companies but lacking a bit of funds, i would suggest ITB the Dow Jones Construction sector ETF and again i would wait a bit this morning to let the market stabilize as i think we could have a lower open.
As usual (and more actually) DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with extreme caution.
Get THE PLAY OF THE DAY on Twitter : @investman2
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