Seeking Alpha

Lennar (LEN +1.3%), Toll Brothers (TOL), and PulteGroup (PHM +1.9%) are all upgraded to Buy by...

Lennar (LEN +1.3%), Toll Brothers (TOL), and PulteGroup (PHM +1.9%) are all upgraded to Buy by KeyBanc, which thinks "sustained local job growth" will give the homebuilders a lift. The firm thinks Toll's high-end focus and land acquisitions should allow it to deliver the best performance of the group, while PulteGroup is declared to be its "most cyclical call."
From other sites
Comments (1)
  • Lakeaffect
    , contributor
    Comments (1280) | Send Message
    Sounds like somebody has some inventory to clear. And I don't mean houses.


    These homebuilders are like Global Crossing and the other dot com high fliers after the bust. They've had their day in the sun and will never recover to anything like their old highs. Eventually they'll fade into the dustbin of history as the economy moves on without them.
    13 Apr 2012, 08:06 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs