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Time to Invest in Construction Companies? | PowerOptions Web Log
For owners of construction stocks, the fallout of the subprime lending crisis has hit home in a big way. With prospective homeowners finding it difficult to obtain credit, this is not a good time to be in the process of selling new homes. Business construction has slowed too, as more companies are cutting back instead of adding to their existing facilities. Even in the worst of times, however, there are always companies still able to weather the storm. Here are four construction stocks whose strong performance will help build your portfolio: 1. Comfort Systems USA (FIX). Comfort Systems USA specializes in the installation and maintenance of heating, cooling, and ventilation systems. While companies that rely on new construction are hurting, Comfort Systems USA has a relatively steady income that comes from repairing or replacing systems in existing buildings. Because a functional heating and cooling system is necessary for all businesses,...