Building materials industry
Article Abstract:
Earnings have declined in the building materials industry over the last six months, due to weather and a 10% decline in housing starts in the first six months of 1995. There will be increased demand and recovery in both commercial and residential materials sales with lower mortgage rates and other factors. These stocks will perform well for the next six to 12 months and are also good investments for the next three to five years.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Building materials industry
Article Abstract:
Building materials industry sales growth slowed in the 2nd qtr of 1995 due to higher inventories. Residential construction and subsequent building materials demand are expected to increase with mortgage rates under 8% again. Demand for building materials will also increase with residential trading down and first-time house buying. These stocks are recommended for investment for the next three to five years.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
User Contributions:
Comment about this article or add new information about this topic: