Lennar Corp (NYSE:LEN)
CAPS Rating:
Primarily sell single-family attached and detached homes, and to a lesser extent, condominiums, in communities targeted to first-time, move-up and active adult homebuyers.
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Primarily sell single-family attached and detached homes, and to a lesser extent, condominiums, in communities targeted to first-time, move-up and active adult homebuyers.
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Lennars focus on scaled-down homes and the recent new home sale data should do well for this company. Land prices are still at "all time low" valuations will bode well for their cost structure.