Credit Suisse has issued a new coverage rating systems for its homebuilder universe. These are some of the calls we saw in the sector:
Centex (NYSE: CTX), DR Horton (NYSE: DHI), and KB Home (NYSE: KBH) were all started with "Outperform" ratings.
MDC Holdings (NYSE: MDC) and NVR (NYSE: NVR) were both started as Neutral.
Hovnanian (NYSE: HOV) and Meritage Homes (NYSE: MTH) were started as "Underperform."
We’ll follow up if we see any of the other calls in the sector out of Credit Suisse. Jon C. Ogg June 24, 2008
Smart Investors Are Quietly Loading Up on These “Dividend Legends”
If you want your portfolio to pay you cash like clockwork, it’s time to stop blindly following conventional wisdom like relying on Dividend Aristocrats.
There’s a better option, and we want to show you. We’re offering a brand-new report on 2 stocks we believe offer the rare combination of a high dividend yield and significant stock appreciation upside.
If you’re tired of feeling one step behind in this market, this free report is a must-read for you.
By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you.
You have the option to opt-out of these emails at any moment. For more information, please review our Disclaimer and Terms of Use.