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Zacks Value Trader Highlights: Toll, Pulte, Lennar, KB Home and M/I Homes
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For Immediate Release
Chicago, IL – October 26, 2018 – Zacks Value Trader is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:
Welcome to Episode #115 of the Value Investor Podcast.
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio service, shares some of her top value investing tips and stock picks.
Stocks have pulled back, hitting some of the growth and momentum names hard. But that doesn’t mean value stocks have been immune from the sell off, far from it.
Banks and the home builders have been hit especially hard, with many of those stocks now in bear market corrections, down 20% or more.
Is it a sign that the economy is about to slow? Or is the selling simply overdone?
How Cheap Are the Home Builders?
1. Toll Brothers (TOL - Free Report) is trading with a forward P/E of 6.6 and a PEG of just 0.4. Yet the shares are down nearly 40% year-to-date.
2. Pulte (PHM - Free Report) has a forward P/E of just 6.1 and a PEG ratio of 0.3. It recently reported earnings which saw revenue up 25% while earnings jumped 74%. But the shares are still down 32% year-to-date.
3. Lennar (LEN - Free Report) has a forward P/E of 8.3 and a PEG of 0.5. Shares have plunged 37% in 2018.
4. KB Home (KBH - Free Report) is one of the more expensive in the group, with a forward P/E of 11.2. But it still has a value PEG of just 0.6. Shares have sunk 40% year-to-date.
5. M/I Homes (MHO - Free Report) is one of the smaller home builders with a market cap of $600 million. But it has a forward P/E of 5.8. Shares are down 38% year-to-date. It’s about to report earnings so you may want to tune in.
What else should you know about the dirt-cheap home builder stocks?
Listen to this week’s podcast to find out.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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Zacks Value Trader Highlights: Toll, Pulte, Lennar, KB Home and M/I Homes
For Immediate Release
Chicago, IL – October 26, 2018 – Zacks Value Trader is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:
(https://www.zacks.com/stock/news/330901/should-you-buy-the-cheap-home-builder-stocks)
Should You Buy the Cheap Homebuilder Stocks?
Welcome to Episode #115 of the Value Investor Podcast.
Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio service, shares some of her top value investing tips and stock picks.
Stocks have pulled back, hitting some of the growth and momentum names hard. But that doesn’t mean value stocks have been immune from the sell off, far from it.
Banks and the home builders have been hit especially hard, with many of those stocks now in bear market corrections, down 20% or more.
Is it a sign that the economy is about to slow? Or is the selling simply overdone?
How Cheap Are the Home Builders?
1. Toll Brothers (TOL - Free Report) is trading with a forward P/E of 6.6 and a PEG of just 0.4. Yet the shares are down nearly 40% year-to-date.
2. Pulte (PHM - Free Report) has a forward P/E of just 6.1 and a PEG ratio of 0.3. It recently reported earnings which saw revenue up 25% while earnings jumped 74%. But the shares are still down 32% year-to-date.
3. Lennar (LEN - Free Report) has a forward P/E of 8.3 and a PEG of 0.5. Shares have plunged 37% in 2018.
4. KB Home (KBH - Free Report) is one of the more expensive in the group, with a forward P/E of 11.2. But it still has a value PEG of just 0.6. Shares have sunk 40% year-to-date.
5. M/I Homes (MHO - Free Report) is one of the smaller home builders with a market cap of $600 million. But it has a forward P/E of 5.8. Shares are down 38% year-to-date. It’s about to report earnings so you may want to tune in.
What else should you know about the dirt-cheap home builder stocks?
Listen to this week’s podcast to find out.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.