TRI Pointe Homes (NYSE:TPH) became the first homebuilder to complete an IPO since 2004 when the company went public in January 2013. TRI Pointe is an extremely small homebuilder in terms of volume, or homes sold, compared to its public brethren. However, it is this size and the company's focus on a relatively small geographic area for its operations which makes for such a compelling investment. The company is flush with cash after its IPO, unburdened by the legacy land assets that many homebuilders still carry today, and operating in the hottest housing markets in the US. TRI Pointe is also one of, it not the cheapest homebuilders in the entire sector and should trade at least...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|