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Why I like AutoZone as a US recovery play

Tue, 18 Jun 2013 12:42:49 -0400

AutoZone and Bank of America have upside potential.

Short Interest Swings in Home Builder Stocks (KBH, NVR, TMHC)

Fri, 14 Jun 2013 10:03:35 -0400

The short interest moves in most residential construction stocks were mixed during the latter two weeks of May, as the recovery in the housing market continued to gather steam. But KB Home (NYSE: KBH), NVR (NYSE: NVR) and Taylor Morrison Home (NYSE: TMHC) saw

Dividend Highlights/Lowlights for Jun. 13

Thu, 13 Jun 2013 16:39:07 -0400

These were some of the biggest dividend stock performers on the upside and the downside in today’s market action. Highlights Gannett (GCI) – up 34% Safeway (SWY) – up 7% Lennar Corp (LEN) – up 5% Annaly Capital (NLY) – up 5% Masco Corp. (MAS) – up 5% Lowlights Linn Energy LLC. (LINE) – down [...]

Lennar Ups Credit Facility Limit – Analyst Blog

Thu, 13 Jun 2013 12:40:01 -0400

Lennar Corporation recently increased the limit under its unsecured revolving credit facility to $950 million

Closing Bell for Wednesday on Wall Street: Markets Lower at Open, Creep Lower All Day

Wed, 12 Jun 2013 12:04:00 -0400

DailyFinance.com: U.S. equity markets opened higher this morning but turned south early and finished the day with losses. In Europe, the German high court still continues to debate the constitutionality of the ECB's OMT program, on the issue of whether or not the ... Read more

Lennar Upgraded to “Outperform” at KBW (LEN)

Wed, 12 Jun 2013 10:02:13 -0400

Keefe Bruyette & Woods reported on Wednesday that it has upgraded homebuilder, Lennar Corporation (LEN). The firm has raised its rating on LEN from a “Market Perform” to an “Outperform.” Lennar shares were up 44 cents, or 1.20% during Wednesday morning trading. The stock is down -3% YTD. The Bottom Line Shares of Lennar Corporation [...]

The T3 Morning Market Call: World Markets, Dollar Bounce Back

Wed, 12 Jun 2013 10:00:00 -0400

Homebuilders have been showing extreme relative weakness. Tech remains stock-specific.

Markets Close in Lower half of the Day’s Range as Volume Jumps

Tue, 11 Jun 2013 20:43:00 -0400

Market Wrap-Up for June 11 (AAPL, VFC, TXN, more)

Tue, 11 Jun 2013 16:01:13 -0400

It seems like just about every asset class fell today, as a number of global central bank policy worries brought down the markets. The U.S. indices opened down about 1% to start the day’s session; though they attempted to make up those losses, stocks closed in the red to end the day. On day two [...]

Small Caps lead with Gains as Industrials and S&P 500 end flat

Mon, 10 Jun 2013 21:31:00 -0400

STTG Market Recap June 10, 2013

Mon, 10 Jun 2013 18:57:22 -0400

Monday was the type of session bulls were looking for after a fast and furious one and a half day rally off Thursday's mid day lows. After a very hectic data full week last week, this week becomes more quiet. Overnight the Nikkei surged nearly 5% as the yen fell sharply, which had been the pattern for much of 2013. The Japanese index had been up some 50% at peak this year before this recent 20% correction. Traders seem to be watching this index (and currency) very closely as it has daily implications on the U.S. market of late. Ahead of the open the S&P ratings agency raised the U.S. sovereign credit outlook to "stable" from "negative," with a current rating of AA , adding that the likelihood of a near-term downgrade is "less than one in three." The S&P 500 lost 0.03% while the NASDAQ added 0.13%.

Original post: STTG Market Recap June 10, 2013

Small Caps lead with Gains as Industrials and S&P 500 end flat

Mon, 10 Jun 2013 16:29:14 -0400

A very uninspiring day as the market digested gains spawned from a two day rally to close out last week’s trading. Volume ended the session lower across the board. Typical for a Monday in this market as traders await Turnaround Tuesday. Homebuilders were exceptional weak today with LEN and RYL looking among the weakest in [...]

Market Wrap-Up for June 10 (AAPL, MCD, MRK, more)

Mon, 10 Jun 2013 16:01:55 -0400

The indices opened in positive territory today, seeming to continue the bullishness following Friday’s rally. However, the markets quickly erased those gains, shrugging off the S&P’s upgrade of the U.S. credit rating outlook, and fell into the red. Stocks eventually bounced off the lows, but failed to gain any momentum in either direction throughout the [...]

JPMorgan Downgrades Lennar to “Neutral” (LEN)

Mon, 10 Jun 2013 10:46:16 -0400

JPMorgan reported on Monday that it has downgraded homebuilder, Lennar Corporation (LEN) to “Neutral.” The firm has lowered its rating on LEN from “Overweight” to “Neutral.” An analyst from the firm noted that the company’s valuation “appropriately reflects above-average fundamentals.” Lennar shares were down -$1.25, or -3.24% during Monday morning trading. The stock has been [...]

Can U.S. Manufacturing Industries Keep Expanding? – Real Time Insight

Mon, 03 Jun 2013 12:00:01 -0400

May Manufacturing Surveys Show U.S. Expansion Amid Global Contraction. Can U.S. Growth Survive in a Global Slowdown?

Mortgage Market Cure Will Be Worse Than the Disease

Mon, 03 Jun 2013 10:00:00 -0400

The more money thrown at housing, the more existing homeowners will benefit relative to prospective buyers -- and the further the market will be distorted.

Hovnanian Enterprises: Small Cap Analysis

Thu, 23 May 2013 10:51:59 -0400

Hovnanian Enterprises (NYSE: HOV) builds single dwelling homes, townhomes, condominiums, and retirement homes. Prices for single dwellings range from $68,652 to $1,067,000 with an average price of $301,000. Hovnanian also has a financial arm that is responsible for mortgage loans and title services for its customers.

When first looking

Eisman: Ocwen, Up 170% in a Year, Has More Juice

Mon, 13 May 2013 08:20:25 -0400

Lennar Retained at Neutral – Analyst Blog

Fri, 10 May 2013 16:40:01 -0400

On May 9 we maintained a Neutral recommendation on Lennar on the back of solid first-quarter 2013 results. However, the overall weak economy and tight mortgage lending standards keep us on the sidelines.

(ASP) Homebuilding Stock Outlook – May 2013 – Zacks Analyst Interviews

Thu, 09 May 2013 19:13:26 -0400

The housing market has steadily made a comeback from the lows witnessed in mid-2006 from the severe...

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(ASP) Homebuilding Stock Outlook – May 2013 – Zacks Analyst Interviews

Sun, 05 May 2013 19:13:09 -0400

The housing market has steadily made a comeback from the lows witnessed in mid-2006 from the severe...

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Top 4 NYSE Stocks In The Residential Construction Industry With The Highest Dividend Yield

Fri, 03 May 2013 05:25:57 -0400

Below are the top residential construction stocks on the NYSE in terms of dividend yield.

MDC Holdings (NYSE: MDC) has a dividend yield of 2.60%. MDC Holdings' shares closed at $38.40 yesterday.

DR Horton (NYSE: DHI) has a dividend yield of 0.60%. DR Horton's shares closed at $26.42

Believe It: A Bear Call on Homebuilder ETFs

Tue, 30 Apr 2013 16:22:17 -0400

Over the past two years, few if any sector ETFs have rivaled the iShares Dow Jones U.S. Home Construction Index Fund (NYSE: ITB) and the SPDR S&P Homebuilders ETF (NYSE: XHB). Since April 26, 2011, ITB and XHB have returned an average of almost of 75

Dividend Highlights/Lowlights for April 29

Mon, 29 Apr 2013 16:42:53 -0400

These were some of the biggest dividend stock performers on the upside and the downside in today’s market action. Highlights Moody’s Corp (MCO) – up 8% Deere & Co. (DE) – up 4% Morgan Stanley (MS) – up 4% Accenture plc (ACN) – up 3% Apple Inc. (AAPL) – up 3% Lowlights Expedia (EXPE) – [...]

Barrons Recap: Here Come the Millennials

Sun, 28 Apr 2013 17:25:27 -0400

This weekend in Barrons online: the impending impact on the economy and Wall Street of the Millennial generation, and the prospects for Boeing's Dreamliner, the Dell buyout, Hanesbrands and Ecolab.

Cover Story

"On the Rise" by Jacqueline Doherty.

The so-called Millennials, those who have reached adulthood since 2000, are poised to start

(LEN) Lennar Sells Senior Notes

Sat, 27 Apr 2013 19:13:04 -0400

Lennar Corporation (LEN) recently sold senior notes worth $50 million due on Nov 15, 2022 to...

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Short Interest in Home Builder Stocks

Fri, 26 Apr 2013 13:26:34 -0400

The short interest moves in most residential construction stocks were mixed during the first two weeks of April, as some the rebound in housing sputtered along.

The number of shares sold short in Beazer Homes (NYSE: BZH), Hovnanian Enterprises (NYSE: HOV), Lennar (NYSE: LEN), PulteGroup

Stocks Market News for April 24, 2013 – Market News

Wed, 24 Apr 2013 10:36:01 -0400

Benchmarks finished in the green after recovering from a steep drop triggered by a “bogus” tweet about an explosion at the White House

Dividend Highlights/Lowlights for April 23

Tue, 23 Apr 2013 16:38:11 -0400

These were some of the biggest dividend stock performers on the upside and the downside in today’s market action. Highlights Coach, Inc. (COH) – up 10% Lennar Corp (LEN) – up 7% MetLife (MET) – up 5% Western Digital (WDC) – up 5% DuPont (DD) – up 3% Lowlights Staples (SPLS) – down 4% Newmont [...]

Homebuilder ETFs Surging Again – ETF News And Commentary

Tue, 23 Apr 2013 14:50:01 -0400

More good news in the housing market has pushed homebuilder ETFs higher once more.

Hot Option Plays: Market Averages Higher With Help From Earnings Midday

Tue, 23 Apr 2013 13:17:55 -0400

Cusick’s Corner 04-23-2013 Midday Netflix (NFLX +24%) is a great example of how a stock can out-kick the coverage, meaning beat the expectation that was built in through the Implied Volatility. This move does boggle the mind since this is a micro type of stock that has increased its scope but not to the level [...]

New Home Sales: Uptrend Continues – Real Time Insight

Tue, 23 Apr 2013 11:49:01 -0400

Missed the consensus by 2,000 but lower supply is part of the equation

How Picked Over is Housing Sector? One Stock Left

Mon, 22 Apr 2013 17:28:34 -0400

Supply of Homes Catching Up With Demand as Sales Decline

Mon, 22 Apr 2013 12:34:08 -0400

In case you hadn’t noticed, demand for housing has been outpacing supply in many areas of the country.

USA Today reported Saturday that the trend of too much demand and too few homes is starting to slow down in some parts of the United States. And that’s a good

Bull of the Day: Flagstar Bank (FBC) – Bull of the Day

Wed, 17 Apr 2013 01:31:01 -0400

Bull of the Day: Flagstar Bank (FBC) - Bull of the Day

Lennar Sells Senior Notes – Analyst Blog

Mon, 15 Apr 2013 19:30:01 -0400

Lennar Corporation recently sold senior notes

Home Builder Confidence Takes A Dip In April

Mon, 15 Apr 2013 15:37:17 -0400

The home-building industry may have been hurt by the housing market collapse more than any other. As more Americans found themselves underwater on their mortgages or unable to obtain credit, fewer and fewer were able to purchase new homes, and the demand for newly-built houses plummeted. Many construction companies downsized because they could no longer provide work for their employees. ...

X Factor: 5 Stocks Reaching Their Ex-Dividend Date on April 22

Mon, 15 Apr 2013 12:15:00 -0400

The Clorox Company, Lowe's Companies, and ADT Corporation are on the list.

Dividend Highlights/Lowlights for April 12

Fri, 12 Apr 2013 16:38:05 -0400

These were some of the biggest dividend stock performers on the upside and the downside in today’s market action. Highlights Lennar Corp (LEN) – up 4% Amgen (AMGN) – up 3% Home Depot (HD) – up 2% Kraft Foods Group, Inc. (KRFT) – up 2% ADT Corp (ADT) – up 2% Lowlights M&T Bank (MTB) [...]

Two natural gas plays we like: Range Resources and SouthWestern Energy

Fri, 12 Apr 2013 14:52:50 -0400

Rising gas prices lifted the performance of our energy investments.

The post Two natural gas plays we like: Range Resources and SouthWestern Energy appeared first on Smarter Investing.

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Two natural gas plays we like: Range Resources and SouthWestern Energy

Fri, 12 Apr 2013 14:52:50 -0400

Rising gas prices lifted the performance of our energy investments.

The post Two natural gas plays we like: Range Resources and SouthWestern Energy appeared first on Smarter Investing.

Short Interest Swings Home Builder Stocks (NVR, SPF, TPH)

Thu, 11 Apr 2013 12:46:31 -0400

The short interest moves in most residential construction stocks were mixed during the final two weeks of March, as some signs suggested that the rebound in housing may be sputtering.

The number of shares sold short in Beazer Homes (NYSE: BZH), Hovnanian Enterprises (NYSE: HOV),

Short Interest in Home Builder Stocks Rises (MTH, SPF, TPH)

Fri, 29 Mar 2013 14:30:33 -0400

The short interest in most residential construction stocks grew during the first two weeks of March, as some signs suggested that the recovery in housing may be sputtering.

The number of shares sold short in Beazer Homes (NYSE: BZH), D.R. Horton (NYSE: DHI), Lennar (NYSE:

KeyBanc Boosts EPS Estimates on Lennar; Maintains “Buy” Rating (LEN)

Tue, 26 Mar 2013 08:34:31 -0400

KeyBanc analysts boosted the earnings estimates on home builder Lennar Corporation (LEN) on Monday, following last week’s solid first quarter earnings results. The analysts rate LEN as “Buy” and see shares reaching $46. This target suggests an 11% upside to Monday’s closing price of $41.56 The company’s 2013 EPS estimates were raised from $1.51 to [...]

Stocks to watch: Pulte, D.R. Horton, SAIC

Tue, 26 Mar 2013 08:01:19 -0400

PulteGroup, D.R. Horton, and Lennar are likely to be active on Tuesday with a pair of housing data slated for release.

Are Housing Stocks Overpriced? – Analyst Blog

Mon, 25 Mar 2013 15:10:01 -0400

We take a look at valuations of a few bellwether housing stocks in the midst of a slew of positive industry data.

How low inventories are boosting home prices

Fri, 22 Mar 2013 09:25:02 -0400

See how low inventories are boosting home prices and more charts illustrating the data released this week.

UPDATE: Sterne Agee Maintains Lennar at Neutral Following Wednesday's EPS Beat

Thu, 21 Mar 2013 12:40:12 -0400

In a report published by Sterne Agee, analyst Jay McCanless maintained a Neutral rating and $45 price target on Lennar Corporation (NYSE: LEN).

Sterne Agee reported that, “We were encouraged by yesterday's earnings conference call because Lennar maintained FY13 gross margin guidance of 23% to 24% and reaffirmed FY13

Stock Market News for March 21, 2013 – Market News

Thu, 21 Mar 2013 10:36:01 -0400

Investor sentiment received a boost after the Federal Reserve reiterated it would continue with its economic stimulus package

Claims Average Under 350K – Ahead of Wall Street

Thu, 21 Mar 2013 10:33:01 -0400

Jobless Claims are way down year over year, registering 336K for the week.