Moving Toward Sunshine
On Thursday, fellow Real Money contributor Jon Heller asked if I still owned shares of AV Homes (AVHI), formerly Avatar Holdings. I have written about this stock several times over the past few years and, of course, I still own it. A stock dropping from the $20s to $6 and then almost doubling back to $11 is not going to scare me. In fact, this action is probably closer to the norm for many of my long-term stock selections!
It was a timely question, as I am backing my belief that sunshine always wins in the long run by moving to Florida at the end of the month. I haven't visited the stock since my year-end piece on homebuilders, so it's a good time to check in with this Florida and Arizona builder....557 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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