Gordon Reid Griffon GFF-N TOP PICK Sep 17, 2024

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.

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.