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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: orkrious who wrote (194375)9/30/2002 3:37:40 PM
From: Les H  Read Replies (4) of 436258
 
Neff claimed Vanguard Windsor had one-third of their portfolio in homebuilders. Some of these losing funds are trying to pull out all stops to try to catch up in performance.

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Neff points to shares of homebuilding stocks as attractive for their valuation, since most still sell for 5.5 to 6 times next year's earnings, despite their gains over time. He owns KB Home (NYSE:KBH - News) and D.R. Horton (NYSE:DHI - News), among others, and has about 33 percent of his own stock holdings in homebuilding shares, Barron's said.

biz.yahoo.com
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