|Last Update: 05/17/13 - 4:02 PM EDT|
|YTD Performance: 35.49%|
|Previous Close: $26.80|
|52 Week Range: $14.37 - $27.75|
|Oustanding Shares: 322,255,379|
|Market Cap: 8,636,444,157|
|Qtr (06/13)||Qtr (09/13)||FY (09/13)||FY (09/14)|
|Number of Analysts||12||11||13||11|
|Growth Rate (Year over Year)||44.93%||29.70%||52.17%||43.92%|
This sector is looking mighty fine after Rylan and D.R. Horton surged on earnings last week.
DHI estimates were raised through 2014, Credit Suisse said. Higher sales should drive margin expansion. Outperform rating and new $28 price target.
The only truly inexpensive areas are tech, industrial and finance -- and they all remain despised.
Though this laser optics name plunged after earnings, the quarter had many positive developments.
I continue to believe that exercising caution is the best approach.
Here are the companies whose estimates have risen the most over the first quarter.
Sometimes you have to be content to sit on your hands.
Here is how I am picking apart the sectors looking for strong relative performance candidates.
DR Horton and KB Home are leading a surge among the homebuilders.
DHI was upgraded from Equal-weight to Overweight, Barclays said. $27 price target. Expect better credit availability to drive demand for entry-level homes.