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Compass Point Research Offers 'The Home Builder Hope Trade'
Monday, October 13, 2014 - 11:49am | 486Wilkes Graham of Compass Point Research on Monday published a report titled ‘The Home Builder Hope Trade, 2014-2015 Edition.' Over the last 16 years, the homebuilders have outperformed the overall S&P 500 index between November 21 and February 6 by an average of 16 percent. Graham...
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Hovnanian Enterprises Inc., Toll Brothers Inc. Earnings Preview
Tuesday, September 2, 2014 - 3:19pm | 872The new earnings season is a few weeks away yet, but among the off-season earnings reports coming up are those from residential homebuilders Hovnanian Enterprises, Inc. (NYSE: HOV) and Toll Brothers, Inc. (NYSE: TOL). Reports on the housing markets have been mixed recently, and some competitors...
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Earnings Expectations For The Week Of September 1
Monday, September 1, 2014 - 9:57am | 926It will be another quiet week on the earnings front in the wake of the Labor Day holiday. Among the most prominent quarterly reports due, Ciena (NYSE: CIEN), Finisar (NASDAQ: FNSR), Hovnanian (NYSE: HOV) and Toll Brothers (NYSE: TOL) are expected to show some earnings growth. Analysts also are...
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Markets Little Changed As The Quarter Comes To An End
Monday, June 30, 2014 - 4:34pm | 2316U.S. stocks were little changed as the second quarter comes to an end. Investors and traders are likely spending the last day of the quarter the same way they did to ring in the quarter: questioning the direction of the U.S. economy and wondering what is in store in the coming quarter. One...
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3 Stocks To Watch After Strong Earnings Reports
Thursday, June 5, 2014 - 10:18am | 1077The U.S. stock market recorded healthy gains last week and the S&P 500 closed at a new all-time high on Tuesday. Stocks have been in a bull market now since the lows of March 2009, but the investment landscape has certainly become more difficult in 2014. As the bull market continues into a...
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Market Wrap For May 28: Markets Take A Breather As Treasury Yields Fall
Wednesday, May 28, 2014 - 4:34pm | 2195U.S. stocks ended a four day rally which saw the S&P 500 hit historical all-time highs. However, during Wednesday's trading session the ten-year Treasury yield traded as low as 2.439 percent, the lowest level seen since June 2013. Volume remained below average during Wednesday's trading...
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Earnings Expectations For The Week Of May 26: Abercrombie, Costco And More
Monday, May 26, 2014 - 12:39pm | 776Among the earnings reports due this holiday-shortened week are those from retailers Abercrombie & Fitch (NYSE: ANF), Costco Wholesale (NASDAQ: COST) and Dollar General (NYSE: DG). Strong results are also expected from semiconductor maker Avago Technologies (NASDAQ: AVGO) and from homebuilder...
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Market Wrap For April 17: Mixed Earnings Drag The Dow Lower While S&P 500 & Nasdaq End Positive
Thursday, April 17, 2014 - 4:42pm | 2645U.S. stocks were mostly higher on Thursday as both the S&P 500 index and Nasdaq index recorded a fourth straight winning session in a relatively slow news day that was heavy on earnings. The Dow Jones rose as much as 35 points and falling as much as 56 as earnings from Dow listed companies...
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Homebuilding Sector At Credit Suisse: What You Need To Know
Thursday, March 13, 2014 - 4:00pm | 622Lackluster demand and declining gross margins are the two main points that Daniel Oppenheim, research analyst at Credit Suisse, emphasized in a note to clients in which three names in the homebuilding sector were downgraded. PulteGroup (NYSE: PHM), Toll Brothers (NYSE: TOL) and William Lyon...
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Market Wrap For March 12: Nasdaq Ends Losing Streak, Dow Mildly Lower
Wednesday, March 12, 2014 - 4:51pm | 2142U.S. stocks were little changed as investors found no new positive (or negative) developments from Ukraine and no new economic reports from China. Stanley Fischer, the nominee for Federal Reserve vice chairman will deliver a prepared testimony ahead of his confirmation at the Senate Banking...
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4 Homebuilders With The Most Upside Potential
Wednesday, March 5, 2014 - 12:19pm | 840Many homebuilder stocks have had a strong start to the new year, even as some economic data suggest the housing recovery may have stalled. But analysts believe that MDC Holdings (NYSE: MDC), Meritage Homes (NYSE: MTH), M/I Homes (NYSE: MHO) and Standard Pacific (NYSE: SPF) shares still have some...
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Market Wrap For February 25: Markets End The Day Relatively Flat
Tuesday, February 25, 2014 - 5:38pm | 2952U.S. stocks fell on Tuesday as investors found a decline in consumer confidence as reason enough to keep stocks from moving higher. The S&P 500 retreated from its record all time high set yesterday but took a run above the 1,850 level in the late morning. The all time high for the index is...
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Earnings Expectations For The Week Of February 24: Best Buy, Home Depot & More
Monday, February 24, 2014 - 8:19am | 1002Last week, Wal-Mart (NYSE: WMT) kicked off the parade of big retailers stepping into the earnings spotlight by offering up subpar same-store sales and weak guidance for the year. Inclement weather got some of the blame. Will that be so for Best Buy (NYSE: BBY), Gap (NYSE: GPS), Home Depot (NYSE...
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Market Wrap For January 27: China Concerns, Declining Home Sales, Tomorrow's Fed Meeting and Obama's Speech Keep Markets Lower
Monday, January 27, 2014 - 5:48pm | 2489U.S. stocks picked up where they left off on Friday and declined today as investors have plenty on their mind. With earnings being a mixed bag, investors are looking at emerging markets and economic data to support a bullish case for equities. On the emerging market front, investors remain...
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Cautious Analyst Note from Barclays & New Sales Data Drag Homebuilders Lower
Monday, January 27, 2014 - 2:45pm | 711On Monday, Stephen Kim, an analyst at Barclays, issued a research note on the U.S. building products and homebuilding sector. He concluded it will become increasingly difficult for investors to find value in the sector. “We believe the homebuilders' already high market shares and decelerating...