RPM is going down to $15 next year, probably further. Construction and manufacturing activity is slowing. There is a recession.
Good call by the Genie - LOL.
RPG is INTERNATIONAL, besides Commercial construction is at BOOMING in the US! RPG will be ok.
I have held C for many years with a cost basis of $12. I added a little but will await the bloodletting. The financials are a disaster. RPM may be a good holding with a bit lower price.
When it gets to 15, one may well add to his position. It is following the market down.
Yeah, The analysts on the biz shows keep talking around whether or not there will be a recession. In about six months analysts will be saying "gee whiz we were in a recession six months ago."
Technically, a recession is measured by negative GDP growth for 2 consecutive quarters. So your statement makes sense, since you can't quantitatively tell you are in a recession until 6 months into it.