#cash #bullihs #homebuilder $PHM PulteGroup Inc. (NYSE:PHM): this homebuilder has posted 3 Quarters running of Strong Top-line growth in Y 2020, and it stands to benefit from the US housing market that is set to keep growing. Shares closed Monday at 43.62 and have a consensus price target of 53.86. On 3 December PHM made […]
#housing #boom $TOL Toll Brothers Inc. (NYSE:TOL): Monday, we lifted our target price to 57 mid term from 40 Vs the consensus target for the builder of upscale homes at 38.23, and Friday’s closing price was 44.65. TOL is on the CP Top Pick list. TOL stock broke out on 12 June and confirmed on […]
US Homebuilder Sentiment Beats, Marks 18 yr Highs Confidence among US homebuilders rose in December to the highest mark since July 1999, exceeding all analyst estimates, as a growing economy boosts housing demand, according to data Monday from the National Association of Home Builders/Wells Fargo. Highlights of Homebuilder Sentiment (December) Housing market index rose to 74 from […]
Lennar (NYSE:LEN) Acquisition Creates US Mega Homebuilder $LEN, $CAA Lennar Corp (NYSE:LEN) will buy rival CalAtlantic Group Inc. (NYSE:CAA) for $5.7-B, creating the largest home-builder in the United States. The deal announced by the companies Monday is the 1st major merger in the US housing sector in more than 2 years and will make the […]