Markets are mixed on this, the final trading day of 2020 – a tumultuous year that has shown surprisingly strong gains.
Investors seem to be willing to take on more risk now that the election is over and thanks to encouraging vaccine news, as recent movement into small-cap stocks suggests.
2021 could be a great year for small-caps which tend to grow faster than larger-cap stocks when the economy is expanding because they’re more focused on their niches and it takes less water to raise their boat. But in the shrinking universe of smaller firms, investors need to be selective. Today’s trade alert highlights a well managed company that seems to be set for strong future gains.
Texas-based Green Brick Partners (GRBK) is a growing home developer in some of the hottest markets in the country. The company started in Dallas then expanded to Atlanta. Now, it has properties in Colorado Springs and Vero Beach as well.
GRBK acquires property in a market and then works with local builders to build the houses, townhomes or communities. GRBK provides the underwriting and support for the builders as well as the buyers. In some communities it acquires an interest in the builder or will launch a building company with an experienced local management team.
Record low interest rates and a supply shortage in the market are bullish signs for GRBK, which currently has a trailing twelve month P/E ratio of 11.8%. Of 4 analysts covering the stock, 3 rate it a Strong Buy and one says Hold.
Where to invest $1,000 right now...
Before you consider buying Green Brick Partners, you'll want to see this.
Investing legend, Keith Kohl just revealed his #1 stock for 2022...
And it's not Green Brick Partners.
Jeff Bezos, Peter Thiel, and the Rockefellers are betting a colossal nine figures on this tiny company that trades publicly for $5.
Keith say’s he thinks investors will be able to turn a small $50 stake into $150,000.
Find that to be extraordinary?
Click here to watch his presentation, and decide for yourself...
But you have to act now, because a catalyst coming in a few weeks is set to take this company mainstream... And by then, it could be too late.
Click here to find out the name and ticker of Keith's #1 pick...