“A Florida land developer is packed with hidden torque, ignored by investors even as its home counties boom in population and prices.”
“My JOE position was one of my largest disappointments during 2022. While the company continues to execute and create value for shareholders, investors ignored this fact and sold the shares off anyway. I’m baffled by this performance, especially given the growth in population and home values in their core Bay and Walton Counties.”
Prices are point-in-time snapshots from the named provider. The verdict compares the return since entry against the band above.