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Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Experts are divided in their opinions on ITB-N. One expert remains short on this stock due to lack of good news in home or commercial construction, while another expert sees a potential rally in housing if interest rates decline next year. This indicates mixed sentiment and uncertainty regarding the future performance of the stock.

Consensus
Mixed
Valuation
Fair Value
Similar
ABC Corp, XYZ-N
BUY

Up 68% last year and 23% this year due to a massive housing shortage. Will benefit directly from lower interest rates. They have pricing power. ITB has been up 115% under Pres. Biden

E.T.F.'s
SHORT

He remains short this, because he doesn't see good news in home or commercial construction.

E.T.F.'s
BUY

If interest rates decline next year there will be a flood of activity in housing. That's why we're seeing a rally in housing now.

E.T.F.'s
WEAK BUY
When the market turns, buying US homebuilders is like catching a falling knife. The risk/reward looks in your favour. Housing shortage in the US. The easy thing to do is to buy the ITB ETF, a great way to not have to make a big bet one way or the other. But you're fighting the macro of mortgage rates at 10 to 15-year highs. Not a great setup from a sentiment perspective. As long as builders can sell homes, and they continue to be affordable, they have great earnings power.
E.T.F.'s
WEAK BUY
It holds Home Depot and Lowe's. People are doing fewer home renos after the lockdowns, but the US housing space remains healthy. This is okay to own.
E.T.F.'s
BUY
His preference among the US homebuilders, and which also has a home renovation component. Supply/demand dynamics speak to years and years of home building.
E.T.F.'s
BUY
Home Construction? These go in cycles and he thinks we are at the bottom of the current one and he is back looking. You have to think if demand increases and interest rates remain low, there will be pent up demand, especially when people return to work. Plus there is a good boom in the home renovation space. He thinks the sector has legs going forward.
E.T.F.'s
PAST TOP PICK
(A Top Pick Oct 03/19, Up 6%) A play on construction whose seasonality is end-October to February. This is trending higher, supported by major moving averages. He's buying into what goes into building new homes, like lumber which he's done very well with. Even 12 months ago, ITB outperformed, and it has since gone straight up since then. It's exhausted its run, so he's looking for something with juice.
E.T.F.'s
TOP PICK
Has done well all year. Seasonal strength is October - February. Yields and mortage rates so low is positive for the construction industry. Still showing higher highs and higher lows.
E.T.F.'s
PAST TOP PICK
(A Top Pick Nov 23/18, Up 6%) Everything sold off in housing last year, which was probably warranted because of two years of declining U.S. home sales, which reflects the overall economy. He doesn't see strength in U.S. homes.
E.T.F.'s
TOP PICK
He's bullish U.S. housing. This ETF has risen this week, while the market has fallen. Seasonally, it's Oct. 28 - Feb. 5 because it's the run-up to homebuying in the spring. Investors are pricing in lowering interest rates, because it has been penalized by the threat of higher rates.
E.T.F.'s
COMMENT

This includes home builders, but also building material companies. Likes what is happening in the US housing market. This is a sector that is going to continue to improve, and he likes this ETF.

E.T.F.'s
COMMENT

Likes the housing sector. It is improving in the US. One thing that holds him back from holding ETF’s in this space is the slowdown in oil, which is affecting places like Texas. That is a large part of some of these builders. He prefers something like Home Depot (HD-N).

E.T.F.'s
COMMENT

An ETF that takes advantage of US housing starts and/or home renovations? One would be this or SPDR Homebuilders (XHB-N) as a pure play on homebuilders. Not a bad place to be and you could do very well in the next 2-3 years.

E.T.F.'s
BUY

Home construction ETF’s? He likes this as an idea. This has some of the large homebuilders, Home Depot (HD-N), etc. A good area to invest in. You could look at this or SPDR Homebuilders (XHB-N).

E.T.F.'s
Showing 1 to 15 of 28 entries

iShares DJ Home Construction ETF(ITB-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

Stockchase rating for iShares DJ Home Construction ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

iShares DJ Home Construction ETF(ITB-N) Frequently Asked Questions

What is iShares DJ Home Construction ETF stock symbol?

iShares DJ Home Construction ETF is a American stock, trading under the symbol ITB-N on the BATS Global Markets (ITB). It is usually referred to as AMEX:ITB or ITB-N

Is iShares DJ Home Construction ETF a buy or a sell?

In the last year, 2 stock analysts published opinions about ITB-N. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for iShares DJ Home Construction ETF.

Is iShares DJ Home Construction ETF a good investment or a top pick?

iShares DJ Home Construction ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares DJ Home Construction ETF.

Why is iShares DJ Home Construction ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is iShares DJ Home Construction ETF worth watching?

2 stock analysts on Stockchase covered iShares DJ Home Construction ETF In the last year. It is a trending stock that is worth watching.

What is iShares DJ Home Construction ETF stock price?

On 2024-10-29, iShares DJ Home Construction ETF (ITB-N) stock closed at a price of $117.43.