📈 This Sector is on Fire
For the better part of the 4th quarter we have been talking about the homebuilder stocks.. First it was the low book value that interested us but then as we dived into it. We saw a disparity between the fundamentals and analysts expectations.
Toll Brother was the name we went with buying it under book value. We are currently up 27% in the idea
Today Pulte homes had their earnings report today.
Here is how the stock is acting. PHM up 9.7% today
N.V. Homes released earnings as well essentially beating on every front.
NVR is breaking out of a cup and handle pattern recently with follow through. We are up 5.4% today
If you want to understand why this will continue, watch the video. It’s 4 minutes long.
Alpha Chasers Community Waitlist Click Here
1 on 1 Coaching Program Click Here
Wishing Everyone Massive Success in 2023 🍾