When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
UK's leading house builder Persimmon has seen a 17.5% price rise in 2023 so far despite weakening in the housing market.
Even though PSMMF's recent trading update reflects this softening, its P/E at below the long-term average still makes it attractive.
If the market stays relatively resilient despite expectations of its worsening, Persimmon could quickly become a Buy. For now, though, it's best to wait and watch.