Over the last month the Huttig Building Products, Inc. (NASDAQ:HBP) has been much stronger than before, rebounding by 77%. But that doesn’t change the fact that the returns over the last three years have been stomach churning. Indeed, the share price is down a whopping 84% in the last three years. So it sure is nice to see a bit of an improvement. But the more important question is whether the underlying business can justify a higher price still.
We really feel for shareholders in this scenario. It’s a good reminder of the importance of diversification, and it’s worth keeping in mind there’s more to life than money, anyway.
Given that Huttig Building Products didn’t make a