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abh3vt

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abh3vt

Re: otcbargains post# 166769

Monday, 06/08/2015 4:24:56 PM

Monday, June 08, 2015 4:24:56 PM

Post# of 174019
Check out LGIH. Homebuilder with approx 50% - 60% of their sales revenue in TX.

They are trying to diversify away from TX and adding locations in other states.

One of the cheapest homebuilders out there, based upon forward eps estimates. Shorts are betting on the slump in the oil industry to hurt job and wage growth in TX. I'm guessing they are too pessimistic. The company has guided for strong growth in closings and new community starts, so if average home prices are up strongly, it merely adds to the top line growth. Definitely a battleground stock.
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