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Re: cliffvb post# 89389

Monday, 09/06/2021 8:54:16 AM

Monday, September 06, 2021 8:54:16 AM

Post# of 114780
TMHC - Taylor Morrison 'a value play' as stock trails peers, Barron's says

TheFlyontheWall.com - Sep 04 08:25 EDT

Home-builder stocks are up 37% this year, reflecting dizzying demand, ultralow mortgage rates, and maddening construction delays, Daren Fonda writes in this week's edition of Barron's. If there's still a value play, it may be Taylor Morrison's own stock, the author argues, noting the stock is up just 10% this year and has gained less than half the 97% industry average over the past three years. Taylor trades around book value, compared with 1.8 times book for the industry. At a recent price of $28, it goes for 4.3 times estimated 2022 earnings, a 30% discount to peers, the publication adds.

I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.

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