Homebuilding industry
Article Abstract:
Many stocks in the homebuilding industry have fallen by 20% in 1999, and many are at their yearly lows, even though the broader markets have had record highs. However, industry prospects are good for 1999 due to low interest rates and unemployment, along with high consumer confidence, and the operating efficiencies of many homebuilders have increased. The stocks in this industry are timely for the 2nd qtr of 1999 and several have good earnings prospects over the next two years.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
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Homebuilding industry
Article Abstract:
Stocks of the homebuilding industry, which fell in 1994 because of rising interest rates, are also threatened by rising prices of construction materials. Increased competition may cause builders to sell homes with less profit than desired. Only investors with patience should purchase these stocks, although some companies' shares have fallen to bargain levels.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Comment about this article or add new information about this topic: