Since buying the 1 banking stock BOQ for this portfolio, I've been looking at what other companies could play a part in the artificially manufactured building boom. Artificially manufactured because of Govt grants for new homes and big budget extensions/renovations etc which I have mentioned in the past. Nevertheless there is money sloshing around and going to specific companies that would benefit and that's what I am aiming for.
I've been looking at a few players in the sector such as cement makers, brick makers etc. but I preferred a stock that provided a bit more diversity in terms of product range. I decided to buy a few shares of a stock that that has been in this portfolio before, CSR Limited (CSR).
They have a wide range of construction products to supply the building industry with, not just traditional bricks and pavers but new lighter weight products like Hebel, insulation products and roofing products...
It also has further diversification away from the building industry with CSR Sugar. I decided what's available at Coles and I was surprised how many varieties of sugar are available , below is just a few:
It pays a dividend as well usually, which would be appreciated by investors in the current environment.
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Since buying the 1 banking stock BOQ for this portfolio, I've...
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