The construction industry is among the industries categorized as cyclical and as such, can be greatly impacted by the condition of the economy and existing weather as well. This means that if the economy is good, there is visible increase in the performance of a cyclical company but when it is not, it becomes a different and negative story altogether.
Cavco Industries, Inc., (NASDAQ:CVCO) operates in a cyclical industry. It is a Phoenix, Arizona based company that specializes in the building of manufactured and modular homes, vacation cabins and park model homes in the U.S. Right from its inception in 1965 till date, Cavco Industries has not looked back as far as quality and valuable service is concerned....
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