2024-01-25 01:13:05 ET
Summary
- AMREP Corporation is a land developer and home builder focused on the suburbs of Albuquerque, New Mexico.
- The company's stock has appreciated almost 60% since it was recommended, and over 200% since 2020.
- The company's recurring earnings capacity remains the same, but the stock is no longer attractive based on valuation.
AMREP Corporation ( AXR ) is an American land developer and home builder focused on the suburbs of Albuquerque, New Mexico....
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AMREP Performs As Expected But Is No Longer An Opportunity