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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Amigo Mike who wrote (4520)5/8/1998 12:09:00 AM
From: Sandra  Respond to of 29382
 
Mike,
Sounds good to me!

Sandra



To: Amigo Mike who wrote (4520)5/8/1998 12:27:00 AM
From: freelyhovering  Read Replies (2) | Respond to of 29382
 
Mike-I haven't said hello for awhile. I have been quite busy and don't get to be on the net much. -I agree with you on VONE. Nice uptrend. Any opinions on GBUR? I heard a short bit on NPR related to advertising on the last Seinfeld show and GBUR will be making a big push. It could start moving up as the company is really pushing their Garden Burgers concept. Myron



To: Amigo Mike who wrote (4520)5/8/1998 6:06:00 AM
From: LTK007  Respond to of 29382
 
SmartMoney talks about DHI and LEN--from Yahoo! board--
Next ->
Message 332 of 333
Reply

Smart Money
nukecl1
May 8 1998
5:41AM EDT

Dow Jones Newswires -- May 5, 1998
SMARTMONEY DAILY SCREEN: The
Builders Break Out (Again)

By Karyn McCormack

SmartMoney Interactive

NEW YORK (Dow Jones)--The market may be obsessed with interest
rates these days, but don't tell that to home-building investors. The stocks
have jumped more than 3% in the past week, following a 95% rise in the
Dow Jones Home Construction index over the last 12 months. With the
exception of the inflation hawks, few market watchers foresee anything
ahead to dent the U.S. economy's steady economic growth. And that
means more upside for the builders, despite a slip in March new-home
sales.

Little wonder that these stocks dominated this week's Earnings Revision
Screen, despite a slip in March new home sales. Lennar Corp. (LEN), up
43% since we picked it in late November for our "Where to Invest in
1998" portfolio, showed up on the list after analysts boosted their
consensus estimate 3.6% for 1999. D.R. Horton Inc. (DHI), another
SmartMoney favorite, got a 4% bump for both 1998 and 1999.

We think both of those stocks remain highly attractive. But another caught
our eye this week: MDC Holdings Inc. (MDC), a Denver-based builder of
single-family homes. Following 106% growth in operating earnings during
the first quarter (excluding a onetime charge to pay down debt), analysts
have boosted their consensus estimate by 9% for this year and 7% for
1999. For the next three to five years, Wall Street expects MDC earnings
to grow 13% annually.


DHI: Quote | Profile | Research
This Is a Reply to: Msg 331 by Idolovejoe
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