Homebuilding industry
Article Abstract:
Demand for new homes in the US has slowed during the 4th qtr of 1999 due to higher interest rates and possible further tightening by the Federal Reserve Board. However, strong earnings in the future are likely for homebuilders that provide high-quality, high priced homes, especially in California and the Sunbelt States. These stocks are timely, in spite of some problems, and are best suited for patient investors seeking capital gains through the years 2000 to 2004.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 2000
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Homebuilding industry
Article Abstract:
The price-earnings multiples for the homebuilding industry have been depressed in the 1st qtr of the year 2000 due to higher mortgage rates and other factors. Demand in the housing sector is also expected to slow in the second half of the year as well. Investors will find several good stocks in this sector for the the year ahead and the next three to five years.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Homebuilding industry
Article Abstract:
Most companies in Value Line's homebuilding industry group have shown strong earnings momentum. Their stock prices have moved lower, however, due to interest-rate worries and other concerns. Therefore, it is a good time to buy homebuilding stocks. Investors should focus on companies whose presence in growing markets is strong.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
User Contributions:
Comment about this article or add new information about this topic: