RE:GradesTheBridge wrote: In this morning's "Tuesday's upgrades and downgrades" by Darcy Keith in the Globe and Mail there were 2 references to DBM. Raymond James analysts led by Daryl Swetlishoff cut price targets on several pulp and paper and building materials stocks but still advised a buying opportunity is just around the corner. DBM went from $12 to $11.50.
" In light of potential tariffs, we highlighted treated lumber distributor DOMAN, diversified play Adentra and truss manufacturer Atlas (all rated Strong Buy) as attractive low volatility plays offering compelling - 60% upside to our targets," Rayamond James analysts added.
funny how a builder (cant remember the name) was top gainer on DOW this morning with a big backlog. They have orders/contracts to build coming out of their ears.
there is going to be a building boom in the near future and DBM will benifit on the 60% up side part.
i trust the management team of DBM ....when everyone else was struggeling Amar was buying up compamys down south and positioning DMB to reap the rewards of the upcoming need for building materials