Meritage Homes Corp (NYSE:MTH)
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The Company is a designer & builder of single-family attached & detached homes in southern & western US. It offers a variety of homes that are designed to appeal to a range of homebuyers, including first-time, move-up, luxury & active adult buyers.
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Will not see profitability this year. Who knows about next year. This stock in no way should be in double digits.
actually double digits starts at 10 a share and I would buy as much MTH as I could at 10 a share. MTH is one of the top 5 capitalized builders in the nation as it relates to book vs. market of inventory and debt to equity ratios. That means something, actually it means a lot.