Seeking Alpha

LGI Homes (LGIH) had a quiet and unnoticed IPO in early November 2013, with shares priced below the expected range. However, the stock is now up 50% since the IPO, a consequence of renewed interest for homebuilding stocks in the last two months. I wrote about homebuilder stocks in late February, and predicted that tougher times are ahead for them. Since then, the sector went up a bit and then corrected while the general market advanced. I believe that the situation is changing for the better for homebuilders, and LGI Homes is the best way to participate in their potential advance. LGI Homes is clearly undervalued and could be trading 50% to 100% higher in six...

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