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cliffvb

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cliffvb

Re: researcher59 post# 78689

Thursday, 10/22/2020 11:36:31 AM

Thursday, October 22, 2020 11:36:31 AM

Post# of 113869
Home builders have definitely been in correction mode recently, many are down 8-10% in the last two days. Besides TPH strong earnings report, PHM and MTH also just announced great numbers and they are greeted with large sell offs too.
PHM beat by 19c with net new orders up 36%. MTH beat by 46c with new orders up 70% yoy.

I've been adding more in the group this morning. MHO is probably my fav right now. They report next week. Last quarter they beat by $1.00 earning $1.89. Orders in June were up 79% yoy and they also said in their last CC that surge continued into the summer.
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