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$13.69 -1.31 (-8.73%)
10/15/2008 4:03 PM

KB Home (KBH)

CAPS Rating:
*

Homebuilder with domestic operations in the following regions: West Coast, Southwest, Central and Southeast. Also provides mortgage banking services to the majority of its domestic homebuyers through its wholly-owned subsidiary, KB Home Mortgage Company.

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Avatar bdava50 (31.05) Submitted: 6/24/07 7:21 PM : Outperform Start Price: $39.21 KBH Score: -25.00

Subprime worries blah, blah, blah. Certainly home sales are down but they're down from unprecedented levels in this country's history. A wall of worry is built into this sector and that's what drives markets higher. Technically there's a possible 10% downside, but looking out a year or so I see this in the 59-60 area. Certainly not beyond the realm of possibilities with a float that's 24% short and all those panicked buyers built in if something should turn positive.

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