Post by
SadieLadyCO on Aug 15, 2024 5:27pm
DBP.Domain
Building Material sector are in some major backdraft. NOT LOOKING very good AT all. Pick the stock up around $6.40 -$6.50. The profit margin has been reduced by 40%.
Yes Long Long run it may work out but the divy yeild of only 2% is not worth the price.
BCE Yeild 0f 8.1% $1.00 a share buy it now and if BCE drops $4.00 you purchase price/Lose is covered in one year. In 2 years your making money and the divy is treat a whole lot better than any Cap Gain you MIGHT get with Domain...NO Thank you
Comment by
SadieLadyCO on Aug 15, 2024 5:30pm
My bad my mistake I was looking at the wrong stock. Domain divy is about the same as BCE
Comment by
corvette67 on Aug 15, 2024 7:31pm
The building materials sector will pck up as interest rates drop. The worst case may be behind Domain at this point. GLTA