Meritage Homes Corp (NYSE:MTH)

I believe housing has hit bottom and will be going up.

Scottrade momo, p/s<1, (1of23).

Finally I shall be able to close this pick!

Housing rebound.

zack 1

Because meritage is run by insecure nepotistic fools

I firmly believe now is the time to start going long home builder stocks. This sector has been absolutely destroyed the past several years and there continues to be a lot of bad press out there; however, this trend can't remain forever. I am not advocating that we are going to go back to the "glory days" of flipping crappy houses and buying McMansions with no proof of income etc., but people still need a place to live.

One of the largest misconceptions out there is that Home builders can't make money unless the RE market in the US returns to the 2004-2006 era. This is simply not true. What many people forget is that as the average home price has indeed collapsed, so have the input costs and builders are making some insane profit margins right now and should continue to do so going forward.

I'm not going into any specific details for MTH as it is not one of my favorites right now and this is a sector bet. For more thoughts on my general stance on Home Builder stocks see here: http://caps.fool.com/Pitch/MDC/5078974/yes-fools-you-are-seeing-that-.aspx

I don't expect instant results, but I am currently dipping my toes in the water and buying select HB stocks and I will continue to do so on any dips etc. 5+ years from now, you will be rewarded. Patience is a virtue.

Uniquely positioned in very strong state. As homebuilding rebounds, this experienced, savvy builder will take advantage. Charts have moved price to very favorable position and housing rebound is just around the corner. 1 year max.

Continued long-term weakness in the housing market due to increases in interest rates, and a coming end of government bail-out dollars.

MTH may turn out to be a survivor but home builders are going to be "sunk money" for a long time. Don't let a little short-term optimism based on a couple of government stimulus programs blind you to the market forces working against residential builders well into the foreseeable future. Many will not survive.

Recovery of sector. Cash hoard.

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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.

FB

Homebuilder with lots of debt and negative operating cash flows in the most recent quarter.

The CEO is a jerk and a dumb a$$. However, next to NVR you are pi$$ing money away betting against MTH. They have too many things working for them right now, whereas most builders have nothing working for them.

locations, lot take down schedules, short land position, only 82m in debt maturities in the next 4 years, one of the best backlogs per selling effort in the industry, one of the best absorption paces in the industry, to name a few

Is there anyone that doesn't know what MTH does to you???

Don't buy MTH, there is no point in even trying it once.

Oversold (but then again, what isn't?!)

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