Well, with results this morning from Toll Brothers, it would be very difficult not to look at the construction sector where many players could generate a lot of profit especially for the long stock market players.
TOL (Toll Brothers results were impressive to say the least and that trend should easily reflect on the others:
BZH (Beazer Homes)
KBH (Kb Homes)
HOV (Hovnanian)
With results like this TOL has now started a trend for the next couple of weeks and ALL of the sector companies will benefit.
If you go with TOL i would wait a bit this morning as there could be some profit taking and shares could dip from the pre-opening price.
But if you are long, it is the right time to open a small position and one of my preferred one is BZH as it has been the underdog for almost a year now and it has huge upside potential.
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
TOL (Toll Brothers results were impressive to say the least and that trend should easily reflect on the others:
BZH (Beazer Homes)
KBH (Kb Homes)
HOV (Hovnanian)
With results like this TOL has now started a trend for the next couple of weeks and ALL of the sector companies will benefit.
If you go with TOL i would wait a bit this morning as there could be some profit taking and shares could dip from the pre-opening price.
But if you are long, it is the right time to open a small position and one of my preferred one is BZH as it has been the underdog for almost a year now and it has huge upside potential.
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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