Opinions Gordon Reid
GriffonGFFTOP PICKSep 17, 2024
Gordon ReidOwned
$68.04
Stock price when the opinion was issued
$85.50
As of Jun 05, 2026. Market Open.
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PAST TOP PICK
(A Top Pick Sep 17/24, Up 16%)
Plays into infrastructure bills passed by Congress. Trillions of dollars are pouring into opportunities. Construction side has ~55% market share and growing about 10-12% a year. Likes the trend. The consumer side is, literally, picks and shovels :) But that side isn't doing as well. Trades inexpensively ~12-13x PE.
Gordon ReidOwned
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BUY
Sensitive to interest rates. The housing market has frozen which will freeze GFF. As long-term holder, wait for a better environment. But if you believe rates will stay high (higher inflation), sell this, but he doesn't believe. Rather, rates will continue to come down.
Gordon ReidOwned
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A small cap making homebuilding products like garage doors. A play on homebuilding; there's a housing shortage. Low PE, but profitable.
(Analysts’ price target is $87.40)