Homebuilders Sector
Homebuilders have quietly been one of the market’s hottest sectors. We have seen steady buying all year and dips are being bought.
We have key earnings in this sector coming out tomorrow that you should keep an eye on.
Lennar Earnings
Lennar ($LEN) comes out with earnings tomorrow and is one of the largest holdings in the XHB ETF.
Here are the numbers to watch for:
Revenue: $7.39B
EPS: $2.21
This is a name I have traded often this year and positive earnings could lift the entire homebuilders sector even higher.