Is It Safe to Buy Home Builders?

Home Builder Stock #4 – Lennar Homes (LEN)

Lennar (LEN) has had one of the most impressive rebounds of all the home builders. The stock has been up as much as 340% since bottoming
last November.

Wall Street’s current consensus for Lennar’s earnings this year is a loss of $2.88. In my opinion, that’s too low. I think Lennar will have little
trouble surprising Wall Street analysts later this year.

Lennar is a good momentum buy.

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