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2 Cheap Construction Stocks to Buy Now and Never Sell

TheMotleyFool

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2 Cheap Construction Stocks to Buy Now and Never Sell: https://g.foolcdn.com/editorial/images/717150/lumber-getty.jpeg

Many investors like to imagine they are contrarians, but going against the crowd isn't easy. As economist John Maynard Keynes once observed, "Markets can stay irrational longer than you can stay solvent."

It's tough to buy into what looks like the teeth of a bear market for construction as rising interest rates put a significant damper on demand. Mortgage rates are currently around 5.5% and pressure from the Federal Reserve could cause them to rise to over 6% in 2023 and possibly above 7%.

Source Fool.com

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