NWHM
I brought a little NWHM, I think this Homebuilder now that it has gotten beaten up in the 8.80's is very attractive. here is what I like.
I realize NWHM q1 is nothing great to look at, and I expect q2 to be in the range of .10-.20. This company is backend loaded with their earnings (as always), so you need to look in term of annual numbers to get how cheap it is. I expect earnings to be in the $1.50-1.65 range for the fy year, which is way up from last year if you factor in the higher weighted share count.
Backlog was up significantly sequentially and y/y, and the rsi is about 20 right now, so very oversold. Overall I like NWHM at current prices, and will add more on weakness. All is just my opinion, and I could always be wrong though.