Monday, September 24, 2012

Stocks to Watch –Homebuilding, September 24, 2012

Home building stocks get a lift from a positive NAHB number last few months, as the sentiment reading for this month climbed to its highest level in five years. It's important to note however, that despite the improvement in starts, home building still remains well off normal levels.

Lennar (LEN): FQ3 EPS of $0.40 beats by $0.12. Revenue of $1.1B (+34% Y/Y) beats by $50M

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Below these are the Home building (Residential construction) stocks  of the day September 21, 2012

Home Building
Ticker    Company      Change
KBH    KB Home    16.40%
CHCI    Comstock Homebuilding Companies Inc.    7.14%
BZH    Beazer Homes USA Inc.    6.97%
MHO    M/I Homes, Inc.    4.93%
MTH    Meritage Homes Corporation    4.92%
SPF    Standard Pacific Corp.    2.82%
LEN    Lennar Corp.    2.49%
HOV    Hovnanian Enterprises Inc.    1.82%
PHM    PulteGroup, Inc.    1.56%
MDC    MDC Holdings Inc.    1.36%
DHI    DR Horton Inc.    0.81%
RYL    Ryland Group Inc.    0.64%
TOL    Toll Brothers Inc.    0.25%
NVR    NVR Inc.    0.02%
GFA    Gafisa S.A.    -2.22%
XIN    Xinyuan Real Estate Co., Ltd.    -2.24%

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