Replies to post #739 on Hovnanian Enterprises Class A (HOV)

[Toro Twister]

The FOMC sure didn't come out with guns blazin' for future rate hikes. That's a double positive for builders with debt loads like HOV. Consumers can still borrow money cheap to buy their expensive product and HOV can contain their interest expense of debt.

This thing could definitely creep back up above a buck in time to avoid a R/S.