David Guarino

KB Home Remains Optimistic On The Housing Recovery

Present a chart of any particular stock, index, or industry during their recovery period and the long term trend is likely to be up and to the right. However the slope of the line is likely to be choppy, identifying shorter term periods of weakness. This is a healthy occurrence as brief pullbacks and periods of consolidation give investors time to digest available information and not cause "bubble like" symptoms to occur. The housing market in this country is displaying a perfect example of a recovery which appears to be taking a much needed breather. As evidenced in the chart below, regardless of which housing metric you evaluate, the trends exhibits recovery like traits and the underlying fundamentals for home...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details