|Day Low/High||11.40 / 11.79|
|52 Wk Low/High||8.16 / 17.46|
Small cap stocks should see much faster earnings growth than larger concerns.
I still like some of the names in this sector to rally further off oversold levels.
This homebuilder has roared past resistance.
The homebuilder shot up 30% on Tuesday after crushing earnings expectations and likely won't be the only bet to pay off in the sector.
The never-ending strength now seen in the dollar is causing the most pain in U.S. markets.
William Lyons Homes and Beazer Homes appear to have bad news already priced into their depressed shares.
.We haven't seen these type of earnings gains since 2010
They are LGI Homes, Beazer Homes, Prestige Consumer Healthcare, Gulfport Energy and Cabot Oil.
These data points tell me investors are too pessimistic on this part of the market.
We have confirmation that things are pretty good for home builders and related 'nesting' stocks.
Beazer Homes, Great Lakes Dredge & Dock and Entercom Communications seem like bargains right now.
I continue to deploy some of the 'dry powder' into the market after its recent hiccup.
The planet will likely never ever need to consume less energy tomorrow than it did yesterday.
Consumer confidence is up, but savings is down, which will curb first-time buyers' housing demand.
This biopharma company's Relistor drug should send revenues sharply higher this year.
This biopharma company's Relistor drug should send revenues sharply higher next year.
Traders, investors see demand as a function of confidence rather than capacity.
This is one housing stock that looks attractive from the long side
Not right away, at least, and that won't help the housing market.
Economic data is signaling that secular deceleration in growth is still well in force.
This morning Lennar announced the acquisition of WCI Communities at 1.3x book value. Here is a chart showing the valuations of the publicly traded homebuilders (Note: Beazer Homes and Hovanian have loads of debt): Ticker Price/Book Mkt Cap HOV -12...
We're looking at a multi-year improvement in the overall housing market.
A prevalent strategy appears to be 'shoot first and ask questions later.'
Expect many years of an improving housing market, barring a major domestic recession.