Palm Harbor Homes, Inc. (NASDAQ:PHHM)
The Company is a manufacturer and marketer of factory-built homes in the United States. It markets nationwide through vertically integrated operations, encompassing manufactured and modular housing, chattel financing and insurance.
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This company has been hit hard by the current economy, but it is a good, solid company. Their houses are built to very high standards, are very energy-efficient, and can withstand high winds, as evidenced by the houses that were still standing after Hurricane Charley destroyed neighborhoods in 2004. I believe this company will pull through the current housing downturn and be back where they were a year ago.
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I believe the Manufacturing home business hit it's virtual bottom in the spring of 2008. PHHM's chargeoffs in March of 08 positions it to return to profitability.
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44 to 0 all stars think it's going down
all wrong this month!
but I think they'll be right again soon
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Another undervalued housing stock. I have secured an average caps rating by picking housing to shore up my shortfalls in green energy. Don't expect this sector to turn sour (I do expect this sector to turn sour).
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suuuuuuuuuuucks
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Near future not so good...........
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If the gas prices don't get ya, the toxic fumes will. I believe it was the Car Talk guys who once did an analysis of motor home vs. car & motels every night. The latter was cheaper.
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florida manufactured home company. housing is down. hurricane season should be active. i'm guessing sales will not be very stellar
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This stock could go either way..., betting on another earnings loss, this company could very well sink
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Housing is down and new homes, even prefab, are not hitting even though there is so much advantage to the product in areas hit by the latest storms in the Southeast
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