“4 Undervalued Stocks I Plan to Keep Buying”
ROAD's recent 20% decline is an overreaction; fundamentals are strong, interest rate risks are manageable (max 3-4% earnings impact), and the stock is cheap enough to justify continued buying below $100.
Now, let's move on to the fourth and final stock that we have to talk about very quickly. And this one is road or construction partners because the stock is down roughly 20% after posting what I thought was a very good earnings report.
So, the TLDDR is I think that everything is more than fine with Road's business. The thesis is still intact and the market is just freaking out because bond yields continue to rise and there are inflation worries.