As another clean-up phase gets over, time to look at a select few? 5 construction-related stocks with upside potential of up to 33%
After a strong, four-year bull run followed by a year of correction, the market is now at a point where no sector or segment can be called cheap or even reasonably priced. Does it mean you should not buy anything? The answer is no. The sensible thing to do is to look at sectors where the growth is likely to remain at a certain level. Given that infrastructure remains a focus area, the contracting and construction sector, which has historically seen many ups and downs, may be worth looking at again. The market may still be wary of them, but with government spending likely to increase, it may be a good idea to have them on your watchlist.
After a strong, four-year bull run followed by a year of correction, the market is now at a point where no sector or segment can be called cheap or even reasonably priced. Does it mean you should not buy anything? The answer is no. The sensible thing to do is to look at sectors where the growth is likely to remain at a certain level. Given that infrastructure remains a focus area, the contracting and construction sector, which has historically seen many ups and downs, may be worth looking at again. The market may still be wary of them, but with government spending likely to increase, it may be a good idea to have them on your watchlist.
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