Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Recession Investing, Business,& Politics, -- Ignore unavailable to you. Want to Upgrade?

To: Skywatcher who wrote (49)	10/17/2001 12:21:16 PM
From: richardred	Respond to of 247

I like what I see. Although many might not regard it as a defensive pick. It does fit into the theme of recession investing, because its sales and earnings are trending up, with prospect bright going forward. Since I don't have any strict guidelines. I, in the past have owned ELK, Elcor witch is similar, in that they both sell to new and after market in housing. They also both have interest rates working in their favor. Elk, doesn't have the sales and earnings momentum as AMWD though. ELK, Although its business conditions improving. I'm speculating is currently trading on takeout rumors. I no longer own the stock, but follow it. I also recently (yesterday) picked up more SHD common.