$4.69
0.14 (+3.08%)
Standard Pacific Corp. (NYSE:SPF)
CAPS Rating:
The Company is a geographically diversified builder of single-family attached and detached homes and constructs homes within a range of price and size targeting a range of homebuyers.
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This stock has been beaten up for a reason. The fundamentals are terrible, and there is no good news on the horizon, but these stocks seem to rally every once in a while for no particularly good reason. I intend to remain negative on the homebuilders until one or more of the large players declare bankruptcy. (My bet is on SPF, maybe BZH, being the first.)