Hot Financial Stocks To Watch For 2014: Barratt Developments PLC (BDEV)
Barratt Developments PLC is a holding company. The Company's principal activities consists of acquiring and developing land, planning, designing and constructing residential property developments and selling the homes it builds. The Company operates in two segments: housebuilding and commercial developments. The Company operates across a spectrum of the market from flats to family homes and urban regeneration schemes. The Company also has a focused commercial developments business. The Company builds a range of homes ranging from those for first-time buyers, to family homes, to high-rise flats and affordable housing. The Company's housebuilding business trades under the Barratt Homes, David Wilson Homes and Ward Homes brands. The Company's subsidiaries include BDW Trading Limited, BDW North Scotland Limited, David Wilson Homes Limited and Wilson Bowden Developments Limited. Advisors' Opinion:- [By Inyoung Hwang]
U.K. homebuilders declined as increasing bond yields spurred concern rising interest rates may hinder the housing recovery. Barratt Developments Plc (BDEV) sank 7.4 percent, Persimmon Plc fell 3.6 percent and Taylor Wimpey Plc lost 3.7 percent.
source from Top Stocks Blog:http://www.topstocksblog.com/hot-financial-stocks-to-watch-for-2014.html
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