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SSKILLZ1

03/23/22 4:53 PM

#96149 RE: valuemind #96147

KBH vs PLCE

I will ask what the does PLCE have to do with KBH? I don't see the connection they are both stocks I guess. I'm not big into the homebuilders right now, I will consider them at a certain price, but we are not there yet in my opinion.

As for PLCE I disagree, the thing is little children clothing is less discretionary, because once they grow out of it, and it is all but guaranteed that is going to happen. You have to buy something bigger it is simply the case. You don't have to buy a homes if rates continue to skyrocket, and make them unaffordable. And Buying a shirt for your infant doesn't have to be financed by a mortgage.

Now I think we are at close to the top of where rates are going to be, so that is a plus. I expect a slowdown in the sector, but not a screeching halt, thing is though most of these stocks are technically broken, and if you want to buy them you have to wait till they get to support, and even than, they could break that and I wouldn't be surprised in my opinion. But If I was going to Buy a homebuilder KBH would Not be my 1rst, 2nd or 3rd choice for what it is worth. All is just my opinion, and I could always be wrong though.