Homebuilders Near a Bottom: Five Stocks to Benefit [View article]
As mentioned in my disclosure above, I do NOT own any of the homebuilders. Therefore, my viewpoint is completely unbiased. USG is also considered a real-estate stock. Do you consider Warren Buffet a fool for buying a 17% stake in this company?
Homebuilders Near a Bottom: Five Stocks to Benefit [View article]
I don't disagree with you about foreclosures. If you follow my past posts, I have been talking about the Mortgage meltdown for a while. See stocksandblogs.com/200...
However, stocks and the companies they represent do not trade lock and step. I recommended CFC back in April and the stock is up since my recommendation. In fact, it was up as much as 25% after I wrote a bullish piece on it and currently sits 10% above the recommnded level. See stocksandblogs.com/200...
I also recommended MDC Holdings as indicated above and the stock is still up from the levels I recommended it even though housing is down.
Homebuilders Near a Bottom: Five Stocks to Benefit [View article]
Homebuilders Near a Bottom: Five Stocks to Benefit [View article]
However, stocks and the companies they represent do not trade lock and step. I recommended CFC back in April and the stock is up since my recommendation. In fact, it was up as much as 25% after I wrote a bullish piece on it and currently sits 10% above the recommnded level. See stocksandblogs.com/200...
I also recommended MDC Holdings as indicated above and the stock is still up from the levels I recommended it even though housing is down.
-- Faisal Laljee