Forestar Group's (FOR +11.5%) shares trade at a 40% discount to net asset value, a discount that...

|About: Forestar Group Inc. (FOR)|By:, SA News Editor

Forestar Group's (FOR +11.5%) shares trade at a 40% discount to net asset value, a discount that isn't likely to persist, Barron's said in a weekend article. With the housing market improving, FOR is accelerating its sales of residential lots and investing the proceeds in higher-returning ventures, including its oil and gas business and real estate development properties.