CSR and Boral may have extra zip in building recovery
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While investors in the large ASX-listed building products companies generally had a fruitful last few months of 2020, the gains are likely to be harder to come by this year.
Share prices were on a solid upward trajectory late last year as a solid economic recovery occurred faster than most experts had predicted. The pull-forward of demand created by the federal government’s HomeBuilder scheme, which has been extended to March 31, has been a big driver.
Boral and CSR are the top picks at Citi among the ASX building stocks.