I received the latest edition of Fortune magazine and they are listing the "Best Stocks" for 2008. One of them is St. JOE (JOE, $28).
As many of you know, I know nothing about stocks, what I do is REI, but I was reading this article and this company sounds very interesting.
This company is the largest private landowner in FL and they are valuated right now at $3,700 an acre (I've invested in FL before, I know this is a great price) for 710,000 acres of FL real estate, and 310,000 of those within ten miles of the coast of the Gulf of Mexico. This caught my attention so I'd like to know more about this company.
The reason I like it is because the projected 33% population increase for FL, so this price per acre sounds like a bargain to me, so this would be a long term investment for my portfolio.
Other than their website and google finance, what should I do to start researching it so I can make a decision whether this is a good buy for me?
Thanks in advance for your suggestions/comments.
As many of you know, I know nothing about stocks, what I do is REI, but I was reading this article and this company sounds very interesting.
This company is the largest private landowner in FL and they are valuated right now at $3,700 an acre (I've invested in FL before, I know this is a great price) for 710,000 acres of FL real estate, and 310,000 of those within ten miles of the coast of the Gulf of Mexico. This caught my attention so I'd like to know more about this company.
The reason I like it is because the projected 33% population increase for FL, so this price per acre sounds like a bargain to me, so this would be a long term investment for my portfolio.
Other than their website and google finance, what should I do to start researching it so I can make a decision whether this is a good buy for me?
Thanks in advance for your suggestions/comments.
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