Can Builder Lennar Gain Traction From Five Point IPO?
at Investor's Business Daily - Wed Aug 26, 5:04PM CDT
When it comes to competing in the homebuilding game, Lennar has made sure to cover its bases. Lennar (LEN) builds affordable move-up and retirement homes, primarily under the Lennar brand name. About 25% of its homebuilding business is geared to...
DHI: 29.52 (+1.24), LEN: 49.70 (+1.52), RYL: 42.35 (+0.77), LGIH: 24.22 (+1.17)
Stock Indexes Find Some Late Power; D.R. Horton Lifts Off 50-Day Line
at Investor's Business Daily - Wed Aug 26, 3:16PM CDT
Stocks regained some momentum in the afternoon, good enough for the indexes to close high in the day's range. The Nasdaq posted a 4.2% gain, while the S&P 500 advanced 3.9%. The Dow Jones industrial average popped 4%. Volume was mixed in the stock...
DHI: 29.52 (+1.24), SBUX: 53.96 (+2.87), TOL: 35.98 (+0.90)
Airlines Lead 5 Top Industries Amid Global Worries
at Investor's Business Daily - Wed Aug 26, 3:08PM CDT
In times of global uncertainty, defensive stocks in industries such as utilities and supermarkets are typically considered safer bets. But a few of IBD's top 25 industry groups over the past 8 weeks may be surprising, with some relatively insulated...
COKE: 161.80 (+1.25), KO: 38.73 (+0.74), DHI: 29.52 (+1.24), MNST: 138.59 (+4.23), AAP: 171.46 (+0.24), FB: 87.19 (+4.19), AFOP: 18.51 (+0.79), ORLY: 239.03 (+7.34), JBLU: 22.21 (+0.73), ALK: 76.32 (+1.77), CIEN: 22.33 (+1.93), LUV: 37.39 (+0.87), DPS: 76.62 (+1.60), LEN: 49.70 (+1.52), AZO: 706.25 (+18.32), GOOGL: 659.74 (+47.27), INFN: 21.02 (+0.61)
Toll Brothers' Q3 Earnings, Sales Miss Despite Strong Order
Zacks Equity Research - Zacks Investment Research - Wed Aug 26, 1:41PM CDT
Shares of Toll Brothers, Inc. (TOL) tumbled 7.83% on Aug 25, after the homebuilding company reported disappointing third-quarter 2015 results.
DHI: 29.52 (+1.24), MHO: 24.50 (+0.31), TOL: 35.98 (+0.90), NVR: 1,487.36 (+28.16)
Like I Said, Stay Away From Homebuilders
at The Street - Wed Aug 26, 1:09PM CDT
It's better to invest in companies that own rentals.
DHI: 29.52 (+1.24), LEN: 49.70 (+1.52), RYL: 42.35 (+0.77), FCE.A: 21.27 (+0.26), CPT: 72.40 (+0.93), AVB: 166.49 (+4.01), ESS: 215.12 (+5.62), PHM: 19.82 (+0.91), BZH: 16.41 (+0.70), KBH: 13.94 (+0.32), HOV: 1.58 (-0.03), TOL: 35.98 (+0.90), MAA: 78.20 (+1.68), Z: 25.00 (+0.40)
Stocks Struggle To Hold Opening Gains; Google Tops IBD 50
at Investor's Business Daily - Wed Aug 26, 11:00AM CDT
Stocks were higher but falling off opening highs going into the lunch hour Wednesday as an analyst upgrade propelled Google above a key support level. The Nasdaq advanced 1.4% and the S&P 500 rose 1.3%, while the Dow Jones industrial average rose...
DHI: 29.52 (+1.24), GOOGL: 659.74 (+47.27), ULTA: 158.05 (+4.79), UVE: 23.48 (-0.85)
Stock Market News for August 26, 2015
Zacks Equity Research - Zacks Investment Research - Wed Aug 26, 9:10AM CDT
Benchmarks experienced sharp downside reversal as selling accelerated in the final hour of trading to drag them into the red
DHI: 29.52 (+1.24), NEE: 101.66 (+1.15), LEN: 49.70 (+1.52), EXC: 31.44 (+1.04), DUK: 71.74 (+1.53), PHM: 19.82 (+0.91), SO: 43.61 (+1.11), NVR: 1,487.36 (+28.16)
July New Home Sales Rise: A Balm to Jittery Global Nerves
Zacks Equity Research - Zacks Investment Research - Wed Aug 26, 7:52AM CDT
New home sales rose in July, giving the U.S. market something to cheer about even as stocks continued to sell off.
DHI: 29.52 (+1.24), MHO: 24.50 (+0.31), LEN: 49.70 (+1.52), PHM: 19.82 (+0.91), TOL: 35.98 (+0.90), NVR: 1,487.36 (+28.16)
Toll Bros. Lifts Margin View As More Growth Expected
at Investor's Business Daily - Tue Aug 25, 3:38PM CDT
Toll Bros. (TOL) missed quarterly estimates Tuesday but raised its margin guidance and sees more improvement next year. The luxury homebuilder's fiscal third-quarter earnings fell 32% to 36 cents a share. Excluding items, Toll Bros. earned 44 cents a...
DHI: 29.52 (+1.24), LEN: 49.70 (+1.52), PHM: 19.82 (+0.91), KBH: 13.94 (+0.32), TOL: 35.98 (+0.90)
Stock Market Comeback Efforts Lose Steam; Sucampo Hangs Tough
at Investor's Business Daily - Tue Aug 25, 2:08PM CDT
Stocks lost steam late Tuesday, but were still on pace to end a five-day rout. The Nasdaq climbed 2.3% and the S&P 500 was up 1.5%. They had been up as much as 3.6% and 2.9%, respectively, at Tuesday's high. Meanwhile, the Dow Jones industrial...
DHI: 29.52 (+1.24), TMHC: 19.40 (+0.49), CBM: 45.47 (+2.39), SKX: 137.29 (+5.33), SCMP: 24.55 (+0.61)
Is it the Right Time to Buy D.R. Horton as Housing Improves?
Zacks Equity Research - Zacks Investment Research - Tue Aug 25, 12:25PM CDT
We issued an updated research report on D.R. Horton, Inc. (DHI) on Aug 24, 2015.
DHI: 29.52 (+1.24), MHO: 24.50 (+0.31), LEN: 49.70 (+1.52), NVR: 1,487.36 (+28.16)
Case-Shiller Home Price Index: Housing Is Still Local
at Investor's Business Daily - Tue Aug 25, 10:17AM CDT
What's the cardinal rule of real estate? It all comes down to location, location, location. One of the most closely watched national price indexes, S&P/Case-Shiller, ticked down 0.1% in June, but was up 5.0% for the year. That was the same as in May,...
DHI: 29.52 (+1.24), LEN: 49.70 (+1.52), PHM: 19.82 (+0.91), KBH: 13.94 (+0.32), TOL: 35.98 (+0.90)
Economic News: New Home Sales, Consumer Sentiment Pop
at Investor's Business Daily - Tue Aug 25, 10:01AM CDT
Home prices pick up S&P/Case-Shiller's 20-City Home Price Index ticked down 0.1% during June, but rose 5.0% vs. a year ago, the same as an upwardly revised May. The National Index was up 4.5% vs. a year ago in June, stronger than the 4.4% gain in...
DHI: 29.52 (+1.24), LEN: 49.70 (+1.52), PHM: 19.82 (+0.91), TOL: 35.98 (+0.90)
Resilient Homebuilders Still Suffer Sell Signals
at Investor's Business Daily - Mon Aug 24, 6:07PM CDT
A pair of homebuilders in the Spotlight triggered sell signals Monday before fighting back to a decent close. D.R. Horton (DHI) erased all of a 12% gain early Monday past a 28.80 cup-with-handle buy point. It's prudent to sell before all profits are...
DHI: 29.52 (+1.24), WCIC: 24.09 (+0.62)