ChartFest: Homebuilders or Ski Slopes?
June 21, 2008 1:56 am
The home-builders are really taking a shellacking. Pulte (PMH) and Toll Brothers (TOL) clearly look better than the others, though that is not saying much. There will be a couple of earnings releases next week which include Thursday’s release from Lennar (LEN) and followed on Friday by KB Homes (KBH).
We should get a better insight into how deep of a problem it will be for the next several months. I don’t have high hopes.. Do you? What are your thoughts? Are they coming back? Add a comment below…
(Also, check out the latest TDI Podcasts HERE)
Disclosure: Horowitz & Company clients may hold positions in the securities mentioned as of the publish date.