Home Builders Will Build Again
- Posted by Chart.ly
- on July 28th, 2010
The last few months have seen some downright awful housing numbers cross trader’s screens. Housing stocks lead the market to the downside during the most recent downtrend from May through early July. YCharts reviews some of the more important fundamental numbers you should be looking at when it comes to the homebuilders. They note that although the recent data may point to a further drop in housing and homebuilder revenue, the good reserve of cash on hand which most of these companies possess is a good sign longer term.
Home Builders Will Build Again
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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