NX:
Lets Visit the Building Materials Sector Together
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Rate Analysis
1 ratings
Posted 474 days ago on 7/21/08
NX will go UP
$22.00 on 10/21/08
$14.94 (-0.80% from time of market call)
$12.71 (-15.60%) on 10/16/08
Yes, I know this is a taboo sector - and yes, I know that this sector is married to the housing bubble, the finance industry, and the homebuilders. Now, although I am a realistic investor, I have seen both ends of the economic cycle. Of which, we are obviously enduring a low point at this time. But, there will come a time when the building/construction materials sector will rally. And, at this point, taking a position in Quanex, could be attractive for your portfolio. Yes, this was once a $55.00 stock that is now $15.00. But, you can see the upside potential here. You've never heard of this stock? Well, amazingly, its those stocks that operate under the radar that seem to have the largest returns. (Someone knows about them, trust me!) Give this stock a look. Don't wait on the sidelines.