Certainly, RE is a strategic commodity for ROW security, Also a...

Certainly, RE is a strategic commodity for ROW security, Also a kind of key material for current main economy growth supported significantly by EVs and renewable energy. Not all company involved in RE will perform well in stock market (perhaps last year that was the case) because this year earnings is the key for investors. The divergence between good earnings and poor is the key factor for equity price this year.

Last night Nasdaq dropped down dramatically overall, but look into it you will find some stocks rose because earnings rose. For example,
"On the earnings front, Tesla Inc. gained after posting record profits that blew past estimates and with Elon Musk predicting output will grow at a fast clip for the rest of the year. The stock rose 3.2% on the day, after rising as much as 12% in early trading.

Airlines rallied as American Airlines Group Inc. said corporate and international flying was coming back and projected a second-quarter profit. United Airlines Holdings Inc. jumped 9.3% after forecasting a profit this year." ( Stocks Fall in a Dramatic Reversal as Yields Surge: Markets Wrap (yahoo.com))

LYC earnings jumps to $0.8 (Q3 report: revenue rose to A$327.7 million in the three months to March 31, from A$110 million a year earlier; assuming margin profit above 50%) is a hidden gem: strategic uniqueness, sound fundamentals, excellent revenue, cash flow, profit, and rapid real growth with bonus of more potentials. There is some similarity between LYC and TSLA in terms of performance and growth, but not a good analogy because of huge difference between them in terms of PE ratio ( LYC:TSLA= 12 : 205, sounds great to those who prefer PE), market cap (LYC:TSLA= 6.42B : 1.043T, USD), and industry sector.

It's time for market rotation from poor earnings to excellent earning.

IMO, DYOR