BDEV has shown some great performance over the past couple of years, showing a strong competitive drive amongst the housing development industry. Despite BDEV cutting their dividend due to profit loss, Barratt Developments Plc shows strong fundamental characteristics such as a low debt-to-equity ratio and has a great track record of increasing its year-on-year earnings, BDEV is really showing it's resilience.
Today, the technical analysis is in our favor. This is a great long-term buy opportunity for anyone who is looking to add this security to their retirement plan.