Equity Coverage on Household Durables Stocks -- Research on D.R. Horton, PulteGroup, Lennar, and Toll Brothers
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LONDON, April 9, 2014 /PRNewswire/ --
On Tuesday, April 08, 2014, the NASDAQ Composite ended at 4,112.99, up 0.81%, the Dow Jones Industrial Average advanced 0.06% to 16,256.14, and the S&P 500 closed at 1,851.96, up 0.38%. The gains were broad based as seven out of 10 sectors ended the session in positive. The S&P 500 Consumer Discretionary Sector Index finished the day at 507.59, up 0.98%, while the same has declined 3.32% in the last three months. Investor-Edge has initiated coverage on the following equities: D.R. Horton Inc. (NYSE: DHI), PulteGroup Inc. (NYSE: PHM), Lennar Corp. (NYSE: LEN) and Toll Brothers Inc. (NYSE: TOL). Free technical research on DHI, PHM, LEN and TOL can be downloaded upon signing up at:
http://www.investor-edge.com/931-register
D.R. Horton Inc.'s stock gained 0.32% on Tuesday, closing at $21.84, after oscillating between $21.46 and $21.97. A total of 4.51 million shares were traded, which is below its three months average volume of 7.08 million shares. D.R. Horton Inc.'s shares have declined 6.95% in the last one month and 2.15% on YTD basis, while the same has advanced 1.20% in the previous three months. The company's stock is trading above its 200-day moving average. D.R. Horton Inc.'s 50-day moving average of $22.88 is above its 200-day moving average of $20.60. Furthermore, the company's stock is trading at a PE ratio of 13.92 and has a Relative Strength Index (RSI) of 42.99. Sign up today to read free research on DHI at:
http://www.investor-edge.com/931-DHI-09Apr2014.pdf
Shares in PulteGroup Inc. witnessed a trading volume of 7.26 million shares on Tuesday, as compared with its three months average volume of 7.58 million shares. The stock ended the day at $19.12, up 0.47%, after trading between $18.93 and $19.34. Shares in PulteGroup Inc. have lost 5.86% in the last one month and 6.14% on YTD basis. The stock is trading above its 200-day moving average. PulteGroup Inc.'s 50-day moving average of $19.76 is above its 200-day moving average of $18.21. Additionally, the company's shares are trading at a PE ratio of 13.98 and have an RSI of 42.30. Sign up today to read free research on PHM at:
http://www.investor-edge.com/931-PHM-09Apr2014.pdf
On Tuesday, Lennar Corp.'s shares advanced 1.02% finishing the session at $39.59. The stock recorded a trading volume of 2.65 million shares which is below its three months average volume of $4.63 million shares. The stock fluctuated between $38.87 and $39.83 during the session. Lennar Corp.'s shares have fallen by 5.87% in the last one month, while the same has advanced 2.54% in the previous three months and 0.08% on YTD basis. The stock is trading above its 200-day moving average. Lennar Corp.'s 50-day moving average of $40.78 is above its 200-day moving average of $36.57. Moreover, the company's shares are trading at a PE ratio of 18.51 and have RSI of 40.79. Sign up today to read free research on LEN at:
http://www.investor-edge.com/931-LEN-09Apr2014.pdf
Toll Brothers Inc.'s stock recorded a trading volume of 2.62 million shares, as compared with its three months average volume of 3.42 million shares. The stock ended Tuesday's session at $35.93, down 0.19%, and at an intraday trading range of $35.57 and $36.30. Toll Brothers Inc.'s shares have gone down by 8.39% in the last one month, 0.33% in the previous three months, and 2.89% on YTD basis. The stock is trading above its 200-day moving average. Toll Brothers Inc.'s 50-day moving average of $37.00 is above its 200-day moving average of $34.08. Further, the company's shares are trading at a PE ratio of 24.81 and have an RSI of 43.69. Sign up today to read free research on TOL at:
http://www.investor-edge.com/931-TOL-09Apr2014.pdf
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EDITOR'S NOTES:
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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
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SOURCE Investor-Edge
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