Basil Read showing positive signs and Group Five promising ones
CONSTRUCTION STOCKS have shown strength over recent weeks, so we show the charts of two mid-cap construction stocks: Basil Read Holdings and Group Five. Basil Read in particular is showing early, positive signs of a recovery in its share price. Group Five, while improving, hasn’t yet broken out to the upside.
Are we seeing the early stages of a recovery in construction stocks?
We may well be, but the evidence isn’t yet conclusive.