Faisal Laljee

Homebuilders Near a Bottom: Five Stocks to Benefit

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

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.

-- Faisal Laljee

MDC Holdings Trades Below Book Value

Actually, most of them trade at or above book value even now. The only notable ones that trade below book value at MDC and HOV