EXP is a direct proxy for a housing recovery. Financials are strong. Quarterly YOY rev growth .29 vs .08 for USG, Gross Margins .11 vs .10. Technicals are also promising....5 day EMA above 13 day since August 3, MACD positive, and market is reacting positively to today's secondary against the backdrop of a .3-.4% down market. IMO this is a good pick.
housing seems recovering, the housing stocks are flying...believe EXP alltime high is around 70 or so...we are near the 52 wk high...any chance we pierce and go higher than that after earnings report???...any thoughts??