Pre-Market Analysis: Lennar Corp., D.R. Horton Inc., Hovnanian Enterprises Inc., and Beazer Homes USA Inc.

LONDON, October 21, 2013 /PRNewswire/ --

The U.S. equity market posted gains on Friday, October 18, 2013. All three benchmark indexes edged higher, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite gaining 0.65%, 0.18% and 1.32%, respectively. Shares in the residential construction industry ended mostly on a lower note, even as the broader market edged higher. The major movers in the industry included Lennar Corporation (NYSE: LEN), D.R. Horton Inc. (NYSE: DHI), Hovnanian Enterprises Inc. (NYSE: HOV), and Beazer Homes USA Inc. (NYSE: BZH).  All these companies are tracked by AAAResearchReports.com. Free technical research on LEN, DHI, HOV, and BZH can be downloaded upon signing up at:

http://www.aaaresearchreports.com/register/  

Lennar Corp.'s stock fell by 0.90% on Friday, after posting gains in the previous trading session. The company's shares vacillated between $34.86 and $35.62 before finishing the day at $35.04. A total of 2.90 million shares were traded, which is below the daily average volume of 5.57 million. Despite Friday's pullback, Lennar Corp.'s shares have gained 5.10% in the previous three trading sessions, outperforming the S&P 500, which has gained 2.73% during the same period. Furthermore, the company's stock is trading above its 50-day moving average of $33.99. Sign up and read the complimentary report on LEN at:

http://www.AAAResearchReports.com/LEN102113.pdf

On Friday, shares in D.R. Horton Inc. posted losses, even as the broader market finished on a positive note. The company's shares fluctuated between $18.90 and $19.28 before finishing the day 0.63% lower at $19.02. A total of 5.98 million shares were traded, which is below the daily average volume of 7.87 million. The company's shares have advanced 7.52% in the previous three trading sessions, outperforming the S&P 500, which has gained 2.73% during the same period. Further, D.R. Horton Inc.'s stock is trading above its 50-day moving average of $18.93. The free report on DHI can be downloaded by signing up now at:

http://www.AAAResearchReports.com/DHI102113.pdf

On Friday, Hovnanian Enterprises Inc.'s stock edged lower to close at $5.23, which is 0.19% lower than the previous day's closing price of $5.24. The company's shares oscillated between $5.18 and $5.30 during the trading session. A total of 2.81 million shares were traded, which is below the daily average volume of 4.32 million. The company's shares are up 4.60% in the previous three trading sessions, compared to a gain of 2.73% in the S&P 500 during the same period. Additionally, Hovnanian Enterprises Inc.'s stock is trading above its 50-day moving average of $5.19. A free report on HOV can be accessed by registering at:

http://www.AAAResearchReports.com/HOV102113.pdf

Beazer Homes USA Inc.'s stock edged higher on Friday, extending the gains from the previous trading session. The company's shares closed the day 0.80% higher at $18.79, after oscillating between $18.48 and $18.95 during the trading session. A total of 0.68 million shares were traded, which is below the daily average volume of 0.95 million. The company's shares have gained 8.05% in the previous three trading sessions and 2.57% in the last one month, outperforming the S&P 500, which has gained 2.73% and 2.02% during the respective periods. Moreover, Beazer Homes USA Inc.'s stock is trading above its 50-day and 200-day moving averages of $17.67 and $17.65, respectively. Register with AAA Research Reports and download research on BZH for free at:

http://www.AAAResearchReports.com/BZH102113.pdf

----

EDITOR NOTES:

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 Ananya Ghosh, 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.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
5. For any urgent concerns or inquiries, please contact us at [email protected].
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

AAAresearchreports.com

SOURCE AAA Research Reports

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED