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$11.26 0.46 (4.26%)
10/10/2008 4:04 PM

Pulte Homes, Inc. (PHM)

CAPS Rating:
*

The Company is a publicly held holding company whose subsidiaries engage in the homebuilding and financial services businesses.

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Avatar Asu24Mb (63.66) Submitted: 7/06/07 6:03 PM : Underperform Start Price: $32.10 PHM Score: 29.47

You can all speculate as much as you want, the fact is builders are not selling homes, and when they do, there is no margin. The large builders will survive this cyclical trough because they are very solvent companies. The rest will get taken over or go under. This is still another year or so before the correction takes place. Expect earnings around the end of 08 to finally start to turn around. You want more of explanation, go ahead and ask for one. The time is not to buy.... yet..

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