CAPS Rating: 4 out of 5

The Company is a outsource provider of mortgage and fleet management services operating in the following business segments: Mortgage Production, Mortgage Servicing and Fleet Management Services.


Player Avatar mwolf12 (64.38) Submitted: 4/11/2011 1:54:39 PM : Underperform Start Price: $21.27 PHH Score: +22.63

Fundamentals are weak and the outlook is for worse results.

Member Avatar IchimokuMentor (29.36) Submitted: 4/29/2011 12:27:57 PM
Recs: 0

Fundamentally it may be weak but technically it looks like a nice short term swing trade.

PHH came up as a scan result and has some interesting characteristics to it. A nice push through the 9 and a slight breach of the 20. Many of the other indicators have also given us the go ahead on PHH if we can break through the most recent wick as you can see that hit at $21.05. Therefore, if we break $21.05, we will take a position and set a stop at $19.90. Financials come to mind as a possible lagging sector and thus we are somewhat intrigued by beaten down stocks within this category. Anyone else have thoughts on this as a short term play?

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