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March 20, 2013

SpeculatingStocks.com Stock Pick: Goldfield Corp. (GV)

Stock Price: $4.99


The Goldfield Corporation, through its subsidiaries, engages in the electrical construction and real estate development business activities in the United States. Its electrical construction business includes the construction of transmission lines, concrete foundations, distribution systems and substations, and other electrical installation services for utility systems.

The real estate and construction sectors are heating up and showing their first signs of life in years. GV is a construction play that is receiving a great deal of attention lately.

GV has trended from the $2.00 level at the beginning of the year to close to $5.00 now and has continued to reach new 52-week highs on strong volume, a bullish sign.

The company has 163 full-time employees in the industry and turned a total profit of $7.70 million for the first three months of 2012.

Speculative Score: 3

1 Being the Least Speculative and Most Confident

10 Being the Most Speculative and Possibly the Most Risky

 

 
     
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