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Comstock Debuts As Home Builders Thrive.(B)(NASDAQ STOCKS IN THE NEWS)
Byline: Jonah Keri
Comstock Homebuilding went public at $16 a share on Dec. 14. The stock hit a high of 21.38, then pulled back in extremely light volume. When following an IPO, make sure to wait for a first base to form before mulling a buy.
The Reston, Va.-based builder of single-family homes, town houses and high-rise condominiums in the Mid-Atlantic region stands alongside several leading stocks in the Building-Residential/Commercial group, ranked 15th among the 197 industries tracked by IBD.
Despite its short trading history, Comstock sports a 99 Earnings Per Share Rating and an 87 Relative ...
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