Meritage Homes Corp (NYSE:MTH)

nucpharm (22.68) Submitted: 3/12/2007 6:09:07 PM : Start Price: $33.75 MTH Score: +11.22

Just another minor league player in the housing sector with poor prospects for the near term.

holopoj (69.34) Submitted: 3/3/2007 3:21:06 PM : Start Price: $37.35 MTH Score: -21.42

http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_dorfman&sid=aiaK_HvvhQD4

xietangren (52.18) Submitted: 1/16/2007 12:11:18 AM : Start Price: $43.18 MTH Score: -28.59

Meritage Homes

Business Risk: Average
Economic Moat: None
Price/Fair Value Ratio*: 0.76

With more than 9,400 closings in 2005, Meritage Homes (NYSE:MTH - News) is the nation's 13th-largest homebuilder. Lower inventory balances--facilitated by heavy use of options to secure land--and exposure to sizzling markets have helped the company to generate above-average returns on capital over the past several years. Yet with some of its markets in the doldrums, Meritage is in for some tough sledding over the near term in Morningstar analyst Eric Landry's opinion. Nevertheless, Landry thinks Meritage will come out of this downturn in relatively good shape, thanks to its use of options (which boost invested capital turns and mitigate balance sheet risk associated with nonperforming land and debt) and its still-growing book of orders in the state of Texas, which should somewhat offset weakness in imploding markets like Nevada, Arizona, and Florida.

lukeleon (74.15) Submitted: 12/18/2006 11:41:44 PM : Start Price: $46.17 MTH Score: -34.23

Home sales are bad, but should improve soon. Buy when extremely cheap

vnkhanna (39.65) Submitted: 12/7/2006 11:00:10 PM : Start Price: $49.35 MTH Score: -38.64

MTH is an undervalued stock with a great management team and product development strategy.

2nufool (79.56) Submitted: 11/21/2006 11:12:28 PM : Start Price: $45.52 MTH Score: -33.71

I have made money with this stock. They are never at the top of the leader board or at the front of the headlines. Their holdings in Texas will help them stay in the $ during the housing slow down.