The general investor dialogue around homebuilders generally focuses on the largest national builders. These are the CEOs that you see on CNBC touting their businesses and who receive the majority of the analysis from pundits and analysts alike. Skirting along beneath the radar is a small-cap homebuilder that offers potentially a much better opportunity than its larger brethren. M/I Homes (MHO) was the 16th largest homebuilder in the US during 2012, based on closing volume. Yet, there is a good chance many investors have never heard of this company. The good news about M/I flying under the radar is that investors still have a chance to buy into this name today at a reasonable valuation. Whereas ...
M/I Homes: Under The Radar Homebuilder Making All The Right Moves
Jun 3 2013, 06:00 | about: MHO
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Editor's notes: Low-risk growth and exposure to stable markets mean MHO might not be undervalued for long. Housing sector expert Money Investor sees a compelling stand-alone or takeout target play.