Homex Development Corp. (ADR) (NYSE:HXM)

fall overdone, value play

It looks like this one may have finally bottomed, unless I am being fooled by a dead cat bounce. Yeah, I know real estate is lagging other industries in Mexico, but the upside potential here seems compelling to me if growth estimates hold. Hoping not to catch a falling knife, but this may be worth the risk at this level. Yes, I started nibbling at this on at levels just a bit lower than the current mark.

it will go up because of the low end right now

Jails and government subsidized, low income housing. Trading at only a few times enterprise value, with debt in line with their Northern colleagues. Roller coaster ride, but I like it.

This stock was trading at $61.25 on July 20, 2007 before the crash. My trailing stop loss gave me a nice gain. Be sure you use stop loss orders if you go long.

Good growth and earnings.

low relative PE, good star & 2010 earnings. Bottom fishing week of 3/1

Brazil seems like the right place and the right time. I have done well when I have played the levels right.The country still has a lot of hurdles to overcome but hey, what's a government if not corrupt. Take a look around here. At least the Brazilian Gov. is up front about it.

P/E at an all time low, which is even more notable given that earnings took a freak hit in Q3 due to the collapse of the peso.

But most of this homes this company builds are bought with mortgages provided by a Mexican government program which is likely to be stepped up to fight the recession. The market is pricing WAAAYYY too much pessimism about 2009 and 2010 into this stock.

Housing market is growing in Mexico. Every day more and more Mexicans buy a home or are in the process of buying one.Even Mexican nationals currently living in the U.S own a home in Mexico. That's alot of houses!!!Who else besides Homex plays a role in the construction these houses? Cemex(CX) the largest cement company in Mexico so keep an eye on them as well.

This is an excerpt from an article I found on ING Direct done by MarketWatch.

Ken Shreve, markets desk anchor for Investor's Business Daily, went looking among new names to find stocks that might be market leaders going forward.

To that end, based on IBD studies which show that stocks tend to make their biggest gains in their early stages as a public company, Shreve screened the universe of stocks for companies that went through initial public offerings in the last eight years, that have a price above $10 per share, that are within 30% of their 52-week high and that score high on IBD's "composite rating" system.

Shreve came up with 45 stocks, and whittled them down to three names that he believes have exceptional potential to perform during any market rally that might occur in the near future: China solar-wafer maker ReneSola (SOL), Hornbeck Offshore Services (HOS) and Homex Development (HXM) all have the kind of "explosive growth potential" to be leaders during the next rally, Shreve said.

Emerging market play ... well positioned
with vertical markets.
Wild swings sometimes.

mexican government is lowering the rates or actually financing these mortgages. i know from experience. family.

Constance picks - best of S. A.

go mexico.... home ownership is rising at a faster pace than most countries.Paying for this will be a huge priority to any homebuyer in Mexico. Their families are more valued there,and home is closely tied to family.

Mexican housing market is still strong and will grown with government support for the sector.

housing boom in Mexico

You can gamble on when U.S. housing stocks will turn around or you can buy the leading Mexican
homebuilder on a dip and watch it grow. The goverment is trying to encourage Mexicans to buy houses and HXM (don't ask me to pronounce the company name) is expanding from focusing on relatively inexpensive homes ($40K) to homes for middle income folks and resort homes--thus expanding profit margins.

emerging market growht at a resonable price