NYSE:LEN

Lennar Corp. (LEN)

84.58
+0.60 (0.71%)
as of Oct 27, 2026, 8:00:00 pm Market Closed.
81 watching
0
BUY

The US housing strength keeps catching stock analysts by surprise. Lennar just released a fine quarter. Home building is surging along with great demand for it. This isn't supposed to happen considering high unemployment and businesses closing for so many., The pandemic has changed everything--if you work from home, you're not waiting for a vaccine, but converting your bedroom into an office. This work at home trend is a tailwind to furniture companies like Wayfair.

PAST TOP PICK
(A Top Pick Feb 06/19, Up 47%) Small caps are in the sweet spot. This is a home-builder stock, driven by strong US consumers, low interest rates and low unemployment.
TOP PICK
The biggest U.S. home builder that's acquired other hold builders. They operate mostly in the U.S. south (west and east). Trades at 7x earnings and below book value. Cheap. (Analysts’ price target is $57.10)
PAST TOP PICK

(A Past Top Pick on May 2, 2017, Up 51%) It's now the largest U.S. homebuilder after a takeover. He likes the whole group of homebuilders and owns many, because building starts remain strong. However, there's lots of demand, but not enough supply, including land and labour which will push prices up. Inexpensive valuation under 10x earnings. A good entry point here.

WAIT
Would not be a buyer right now, wait for a pull back, prefers tollbridgers as it is a higher end builder, but he even sold this one a month ago.
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