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Barron's picks: The housing market is down but not out, and major home builders could see their...

Barron's picks: The housing market is down but not out, and major home builders could see their shares rise following a spring rout. Take a closer look at companies like D.R. Horton (DHI), PulteGroup (PHM), Lennar (LEN) and Toll Brothers (TOL), which have reasonably priced stocks and have made major balance sheet improvements.
Comments (10)
  • alibeamish
    , contributor
    Comments (342) | Send Message
     
    All of the money comes from Fannie/Freddie and other government funding.
    5 Sep 2010, 02:14 PM Reply Like
  • Jeff Nielson
    , contributor
    Comments (2464) | Send Message
     
    How totally clueless can these Barron's shills be - pumping U.S. home-builders just as another crash is BEGINNING?
    5 Sep 2010, 02:30 PM Reply Like
  • allycatt2
    , contributor
    Comments (78) | Send Message
     
    Pump monkeys ramp it up and dump it.
    5 Sep 2010, 03:54 PM Reply Like
  • MarketGuy
    , contributor
    Comments (3983) | Send Message
     
    I wouldn't touch it with Bernanke's money...oh, wait...that IS my money.
    5 Sep 2010, 05:36 PM Reply Like
  • apberusdisvet
    , contributor
    Comments (2861) | Send Message
     
    Some parts of the US might experience demand for new housing (e.g DC and environs) but the overall consideration when determining the affordability of monthly payments, except for the absolutely brain dead, is price, and on a comparative basis (all other things being equal), price per square foot. When you can buy a fairly new (5 years or less) previously owned home for effectively 50-75% per s.f. less than new construction, why would you choose otherwise?

     

    For that reason, and especially since we have not yet reached a bottom in housing values, any promotion of merchant builder stocks is just that: "promotion"; you know, like pump and dump.
    5 Sep 2010, 06:01 PM Reply Like
  • fxmaven
    , contributor
    Comments (1455) | Send Message
     
    this nonsense simply proves barrons is so '90's, when chimpanzees could pick stocks. this is the decade of gold, ag and energy commodities...
    5 Sep 2010, 06:44 PM Reply Like
  • Scootger
    , contributor
    Comments (228) | Send Message
     
    Disagree, these stocks have value, have taken huge write offs and are bringing back community counts, cant buy land, as everyone else is bidding, ASP's are stable and poised for growth, as they have rathcheded down their pricing and square footage. Overall housing market may be in a bit of trouble but these companies can and will operate through the sloggy growth, as they have done for a year and half now....the day we see a job growth number surprise to the upside theses stock will explode. You cannot be short them. Everone will wait for confirmation that the housing market is back to buy these and be late, I think Barrons is actually trying to be ahead of the curve here...Streetwide these companies were left for dead, but the bottom line is they all hold LAND worth a ton of cabbage, and account their way using a controlled models to position themselves. Seller beware.
    5 Sep 2010, 08:42 PM Reply Like
  • positivethoughts
    , contributor
    Comments (1812) | Send Message
     
    There isn't a recovery in housing. Government keeps proping up housing market. Obama to announce new measure Tuesday which encourages banks to drop outstanding mortgage amounts owed to less than market value of homes and then government will back money owed by homeowners through the Federal Housing Administration program. Essentially, the housing program that got America into this mess hasn't taught the government that they have to stop interfering and let natural market forces correct themselves.

     

    As a result, I wouldn't touch home builders with a 10 foot pole.

     

    5 Sep 2010, 09:03 PM Reply Like
  • Stoploss
    , contributor
    Comments (1727) | Send Message
     
    Listen to Barron's and go broke......... Desperation.. I wonder, with the mutual fund boy's out of cash, and withdrawls kicking into 3rd gear, with no sign of let up in sight, hedge funds going under, I could go on but i won't. One has to ask ones self, when does the liquidating start?
    6 Sep 2010, 12:45 AM Reply Like
  • Scootger
    , contributor
    Comments (228) | Send Message
     
    Mutual funds I think hold about 4 trillion. Trimtabs data has hedge fund inflows last q up 2% last qq. Where are you getting your data from? How do your stats relate to publically traded homebuilders even if they were correct?
    7 Sep 2010, 06:44 PM Reply Like
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