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Tim Travis
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Tim Travis is a veteran deep value investor and money manager. Travis has extensive experience in traditional investments such as stocks and bonds, in addition to having a unique methodology of combining options and distressed investing with value investing to generate income, reduce risk, and... More
My company:
T&T Capital Management
My blog:
T&T Capital Management Blog
My book:
Learn to Treat Your Portfolio as a Business
  • Beazer Books Surge In Home Sales-WSJ 0 comments
    May 3, 2012 10:10 AM | about stocks: BZH

    More positive news on the homes front as Beazer Homes (NYSE:BZH) reported a tremendous surge in home closings. Issues certainly remain but the housing market is gaining traction. With inventories relatively low it will be essential for job growth to remain fairly solid to keep the momentum. Lately the data on jobs hasn't been too encouraging unfortunately. As housing gains further momentum and when volume picks up, I would expect to see significant jobs growth in that industry which has literally been in a depression. I really believe it is only a matter of time until housing turns quite decisively but the Fed and the government need to stay vigilant in promoting growth as the global economy remains quite fragile.

    http://online.wsj.com/article/SB10001424052702304746604577379891304243090.html?mod=WSJ_hp_LEFTWhatsNewsCollection

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: Housing, Earnings Stocks: BZH
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