Savvy Trades and Investments

[cliffvb]

Home builders are doing well today, led by strong beats by CCS, MHO, and MTH. MTH is up 13%. Earnings were $4.36, a $1.04 beat. Revs also beat. MTH also plans to dramatically increase community count over the next 12 months giving them a runway to ramping up sales and profits. They are guiding for earnings of about $19 this year, way up from their $14 guidance 3 months ago. I own some MTH now but will be looking to add more on any sell-offs. There's also a good article about them in SA.