Pure American market play. I follow lumber futures as a timber farmer and the price has never been this high. Housing is heating up and driving up demand. This has taken a bit of a dive but I think it could offer a decent return no matter what happens in China/Boeing/Caterpillar etc.
k
CFRA REITERATES SELL OPINION ON SHARES OF NVR, INC. 1:35 pm ET October 18, 2019 (CFRA) Print We raise our 12-month target by $400 to $3,600 using a forward P/E multiple of 16x our 2020 EPS estimate, just below its 3-year historic average at 16.5x. NVR has a premium valuation versus peers at 10.5x with a reputation as a leader in land development to just-in-time new communities. We raise our EPS estimates in 2019 by $10.00 to $212.00 and 2020's by $20.00 to $225.00, as NVR posts Q3 EPS of $56.11, a $4.59 consensus beat. NVR is a relative laggard to other top 10 builders. Even with the strong momentum of the U.S. housing market and higher demand for new homes, NVR realized only 3% revenue growth in Q3 2019, despite 11% new order unit growth, as NVR is selling more new homes in the lower-priced Southeast region (units +35%) versus the Mid-Atlantic (units -2%). Backlog value declined 7% YoY in Q3 2019, even though community count was nearly flat YoY at 473 communities. NVR's backlog value suggests it will lag most builders.
XHB is in MANIA stage now!!!!!!!
M
Double in 12 months
M
Calling bottom, there's too much support at $54, I will be front running this now.
Y
XHB reached a 52 Week low at 28.30
k
THANKS for making my $200k home worth $1.4 mil now.....your kids can pay me now!
Y
XHB reached a 52 Week low at $31.50
Y
XHB reached a 52 Week low at $30.99
Y
XHB reached a new 52 Week Low at $32.86
Y
XHB reached a new 52 Week Low at $37.47
Y
XHB reached a new 52 Week Low at $36.84
Y
XHB reached a new 52 Week Low at $33.63
k
Rates moving up will stall this and then crater....near all-time highs....only place to go is DOWN! LOL...global slowdown says the IMF.....what do they know about inflating asset prices?
Y
XHB is up 4.91% to $33.76
A
I was a skeptic at first with all the board messages but these guys are the real deal. Just google "THESTOCKDORK"
Y
XHB reached an all time high at 64.35
Y
XHB reached an all time high at 62.04
Y
XHB reached an all time high at 61.06
R
Not buying this yet there was a 30 put option in past
1:35 pm ET October 18, 2019 (CFRA) Print
We raise our 12-month target by $400 to $3,600 using a forward P/E multiple of 16x our 2020 EPS estimate, just below its 3-year historic average at 16.5x. NVR has a premium valuation versus peers at 10.5x with a reputation as a leader in land development to just-in-time new communities. We raise our EPS estimates in 2019 by $10.00 to $212.00 and 2020's by $20.00 to $225.00, as NVR posts Q3 EPS of $56.11, a $4.59 consensus beat. NVR is a relative laggard to other top 10 builders. Even with the strong momentum of the U.S. housing market and higher demand for new homes, NVR realized only 3% revenue growth in Q3 2019, despite 11% new order unit growth, as NVR is selling more new homes in the lower-priced Southeast region (units +35%) versus the Mid-Atlantic (units -2%). Backlog value declined 7% YoY in Q3 2019, even though community count was nearly flat YoY at 473 communities. NVR's backlog value suggests it will lag most builders.
XHB is in MANIA stage now!!!!!!!