This investment essay is about WCI Communities (NYSE:WCIC). WCIC is a lifestyle community developer and luxury homebuilder of single-and multi-family homes in Florida. This article discusses the fundamental strength of WCI and its exposure to the Florida housing market that is in the early stages of a recovery.
What Are The Key Investment Highlights of WCIC?
Attractive and well-located land positions to support future growth: WCIC has a portfolio of well-located existing land inventory in Florida. It owns or controls ~ 8,300 home sites, which are recorded on the books at current fair market value post restructuring in September 2009. These prices are near the U.S. housing markets cyclical low. WCIC owns or controls the home sites for...
|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|