$29.07 -0.92 (-3.07%)
12/3/2009 4:00 PM

MDC Holdings, Inc. (MDC)

CAPS Rating: 2 out of 5

The Company's business consists of two primary operations, homebuilding and financial services.

Recs

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Member Avatar cmolinel (59.07) Submitted: 10/28/2008 6:29:43 AM : Outperform Start Price: $26.89 MDC Score: -20.84

MDC builds homes.
The market for new homes is depressed but it is expected to reach the bottom by mid 2009.
Many small, not public building companies has gone bankrupt. When the market reacts, MDC and other big companies will gain market share at their expense.
MDC has enough cash to survive until then, besides a good amount of land.

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