iShares DJ Home Construction ETF

ITB-N

Analysis and Opinions about ITB-N

Signal
Opinion
Expert
BUY
BUY
June 3, 2020
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.
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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.
PAST TOP PICK
PAST TOP PICK
December 4, 2019
(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.
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(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.
TOP PICK
TOP PICK
October 3, 2019
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.
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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.
PAST TOP PICK
PAST TOP PICK
February 8, 2019
(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.
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(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.
TOP PICK
TOP PICK
November 23, 2018
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.
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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.
COMMENT
COMMENT
September 24, 2015

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.

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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.

COMMENT
COMMENT
August 27, 2015

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).

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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).

COMMENT
COMMENT
June 29, 2015

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.

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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.

BUY
BUY
June 24, 2015

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).

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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).

COMMENT
COMMENT
April 9, 2015

This contains some of the retail names such as Lowes (LOW-N) and Home Depot (HD-N). Feels housing recovery is a long-term theme, and we are probably in the 5th inning of that and that it will continue.

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This contains some of the retail names such as Lowes (LOW-N) and Home Depot (HD-N). Feels housing recovery is a long-term theme, and we are probably in the 5th inning of that and that it will continue.

PAST TOP PICK
PAST TOP PICK
February 13, 2015

(A Top Pick Dec 3/14. Up 7.16%.) Home construction tends to do well from about late October all the way to the present. If you have profits on this, take them now. Average return is pretty close to about 7%.

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(A Top Pick Dec 3/14. Up 7.16%.) Home construction tends to do well from about late October all the way to the present. If you have profits on this, take them now. Average return is pretty close to about 7%.

TOP PICK
TOP PICK
December 3, 2014

This is a pure home construction play, the actual people that build the homes, rather than the retail. We are already in the period of seasonal strength, which runs from October all the way through to the beginning of February. From the beginning of December all the way through to February 3 has produced an average return of about 11.5%, outperforming the market by about 9%. The improving labour market and the low mortgage rates will tend to benefit this through to the end of the year.

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This is a pure home construction play, the actual people that build the homes, rather than the retail. We are already in the period of seasonal strength, which runs from October all the way through to the beginning of February. From the beginning of December all the way through to February 3 has produced an average return of about 11.5%, outperforming the market by about 9%. The improving labour market and the low mortgage rates will tend to benefit this through to the end of the year.

PAST TOP PICK
PAST TOP PICK
June 24, 2014

(Top Pick May 16/13, Down 4.62%) Surprised we have not seen another leg up in the housing markets. Going forward the housing market can do well. If the pause in the housing market drags out much longer he will exit this.

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(Top Pick May 16/13, Down 4.62%) Surprised we have not seen another leg up in the housing markets. Going forward the housing market can do well. If the pause in the housing market drags out much longer he will exit this.

HOLD
HOLD
October 1, 2013

If you own this and your entry point was a couple of months ago, your timing was probably poor. He wouldn’t give up on this. The natural replacement of homes in the US is something like 1.5 to 1.7 million homes and for the past 6 years or so, Canada has been producing homes closer to 1 million per year. Construction hasn’t caught up to the natural replacement cycle yet. Renting has been a huge factor and he thinks this is going to change. It is now cheaper to buy a home than to rent. Over 2-3 years this is going to be a good holding. Keep an eye on the 2-10 year yield and when that steepens up a bit, that is when it is very advantageous for homebuyers as well as home construction.

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If you own this and your entry point was a couple of months ago, your timing was probably poor. He wouldn’t give up on this. The natural replacement of homes in the US is something like 1.5 to 1.7 million homes and for the past 6 years or so, Canada has been producing homes closer to 1 million per year. Construction hasn’t caught up to the natural replacement cycle yet. Renting has been a huge factor and he thinks this is going to change. It is now cheaper to buy a home than to rent. Over 2-3 years this is going to be a good holding. Keep an eye on the 2-10 year yield and when that steepens up a bit, that is when it is very advantageous for homebuyers as well as home construction.

PAST TOP PICK
PAST TOP PICK
June 18, 2013

(A Top Pick June 19/12. Up 56.73%.) Has pulled back a little bit but this is still a great buy. Bullish on US homebuilders.

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(A Top Pick June 19/12. Up 56.73%.) Has pulled back a little bit but this is still a great buy. Bullish on US homebuilders.

Showing 1 to 15 of 22 entries

iShares DJ Home Construction ETF(ITB-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

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 analyst published opinions about ITB-N. 2 analyst recommended to BUY the stock. 0 analyst recommended to SELL the stock. The latest stock analyst recommendation is BUY. 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 James Telfser on 2020-06-03. 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 analyst 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 2020-06-03, iShares DJ Home Construction ETF (ITB-N) stock closed at a price of $45.51.