Is Buying CSR Limited Here a Winning Strategy?

 Is Buying CSR Limited Here a Winning Strategy?

The stock of CSR Limited (ASX:CSR) is a huge mover today! The stock increased 8.61% or $0.31 on November 2, hitting $3.91. About 8.50M shares traded hands or 372.22% up from the average. CSR Limited (ASX:CSR) has risen 21.43% since April 6, 2016 and is uptrending. It has outperformed by 18.90% the S&P500.
The move comes after 6 months positive chart setup for the $1.97 billion company. It was reported on Nov, 2 by Barchart.com. We have $4.93 PT which if reached, will make ASX:CSR worth $512.20M more.

More notable recent CSR Limited (ASX:CSR) news were published by: Fool.com.Au which released: “Why the CSR Limited share price rocketed today” on May 11, 2016, also Fool.com.Au with their article: “5 key takeaways from CSR Limited’s Half-Year report” published on November 04, 2015, Fool.com.Au published: “CSR Limited reports: Should you buy?” on May 12, 2015. More interesting news about CSR Limited (ASX:CSR) were released by: Fool.com.Au and their article: “CSR Limited paints bright outlook: should you buy?” published on July 14, 2015 as well as Smh.com.Au‘s news article titled: “Aluminium collapse sours CSR Ltd’s building boom” with publication date: April 27, 2015.

CSR Limited is engaged in the manufacture and supply of building products in Australia and New Zealand. The company has a market cap of $1.97 billion. The Firm operates through four divisions: Building Products, Glass, Aluminium and Property. It has a 13.95 P/E ratio. The Company’s Building Products include Lightweight Systems, such as Gyprock plasterboard and Cemintel fibre cement; Insulation, including Bradford and Martini insulation, AFS walling systems, Bricks.

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