Tuesday, November 14, 2006

Terrific Gains for Homebuilders

Terrific gains for homebuilders today despite all of the doom-and-gloom we've heard in the press for the past 6 months or so regarding the housing market. Of course the housing market is down, but these companies got beat up to a point that their stocks went from being overpriced to value stocks in a matter of weeks. Even with these gains, they are still bargains. For example, NVR, has a F PE of just 7.22.




Related Companies

Centex Corporation

CTX

52.70

+2.17

(4.29%)

Pulte Homes, Inc.

PHM

30.33

+1.44

(4.98%)

KB Home

KBH

47.53

+2.75

(6.14%)

NVR, Inc.

NVR

575.59

+41.59

(7.79%)

Toll Brothers, Inc.

TOL

28.64

+1.34

(4.91%)

The Ryland Group, Inc.

RYL

47.66

+3.25

(7.32%)

Hovnanian Enterprises, Inc.

HOV

31.20

+2.09

(7.18%)

M.D.C. Holdings, Inc.

MDC

53.95

+2.65

(5.17%)

Beazer Homes USA, Inc.

BZH

44.59

+2.21

(5.21%)

Meritage Homes Corporation

MTH

45.12

+2.27

(5.30%)



Sector: Capital Goods > Industry: Construction Services

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