Comments for LEN - Stockpickr! Your Source for Stock Ideas

Comments for LEN

Added By	Comments	Type	Date Added
barrons3	KB Home (KBH) “looks really great,” and “we’re seeing a turn in Lennar (LEN).”	Love	July 23, 2009
Stockpickr Staff	"There is a gigantic tug of war playing out here between the homes being pumped out by Lennar (LEN) or Pulte (PHM) or Horton (DHI) and the homes owned by Bank of America (BAC) or Wells Fargo (WFC) or JPMorgan (JPM) -- repossessed homes that could really kill any recovery. The homebuilders cannot make the houses cheaply enough to compete against the foreclosed homes. That's terrific." <a href="http://jimcramer.rmblogs.thestreet.com/entry.aspx?q=09f81e88-5200-400a-84fb-9c3200f9a999" target="_blank">"We Want Sales of New Homes to Dry Up," 6-24-09</a>	Love	June 25, 2009
Stockpickr Staff	"This is not a clarion call to buy Toll Brothers or Lennar (LEN) or KB Home (KBH). It is a clarion call to buy JPMorgan Chase (JPM) and Bank of America (BAC) and Wells Fargo (WFC). The latter may have to do a deal; the former two have done them. (I would buy JPMorgan Chase on the broken print, which I don't think will last.)" (<a href="http://jimcramer.rmblogs.thestreet.com/entry.aspx?q=7e60495e-0d27-4e0c-b50b-9c1c00b76a8a" target="_blank">"Pending Home Sales Data Signal a Bottom," 6-2-09</a>)	Love	June 03, 2009
barrons3	The closed-end fund's holdings include Western Union (WU), which operates in Cuba, and home builder Lennar (LEN), which Herzfeld says has a business plan for the island.	Love	May 23, 2009
barrons3	There is a nice housing starts number this morning, the strongest jump since 1990, which was forecasted by a small bump in the stocks of Lennar (LEN), Toll Brothers (TOL) and KB Homes (KBH). Huge increase in multifamily units.	Love	March 19, 2009
sarah z	“The drumbeat is picking up. Production decline is slowing down as we see a small rebound in rail traffic and an end to inventory builds. There is a nice housing starts number this morning, the strongest jump since 1990, which was forecasted by a small bump in the stocks of Lennar (LEN), Toll Brothers (TOL) and KB Homes (KBH). Huge increase in multifamily units. Retail sales were up more than expected in February, hence the upgrades in Home Depot (HD), Best Buy (BBY) and Target (TGT) by Jefferies. Unemployment claims are not getting worse. Commodities are rising: Witness the run in copper, manifested by Freeport McMoRan (FCX), and the run in oil, signaled by the bottoms in Chevron (CVX) and Transocean (RIG). Bank profits are on the upswing, which is why Bank of America (BAC), Citigroup (C), Wells Fargo (WFC) and General Electric (GE) are bottoming. Therefore, the bottom is in. The economy bottomed last month and we are now going to go up. The rally is the logical extension of the bottom and the bottom will become obvious to all shortly. The stimulus is kicking in, lending is picking up, mergers and acquisitions are back and the TALF plan is upon us.	Love	March 17, 2009
sarah z	“I get it. The numbers are much worse with the revisions. So people don't "like the action." And now they remember that we are overbought. Plus, Lennar's (LEN) "Ponzi scheme" charge and the miserable numbers and horrible projections at KB Home (KBH) make people feel that all of these mortgage declines don't mean anything. It's funny, I can more easily craft a positive housing story off the cost of mortgage money -- and I don't believe the Lennar story, although as soon as you see "Ponzi scheme" these days you freak out -- than I can for tech. Looks like I am not alone today. Yet the day is early. I am taking Bob Byrne's guidance on where the bears can take us before we bounce. The reason I think that today's a tough day to rally is that the oil leadership is not going to be here with nat gas collapsing ahead of big winter storms, oil not holding $40 and Exxon (XOM) seemingly going back to $75 and not $80 -- all of those big oil stocks always trade toward a particular strike. Chevron's (CVX) bad news is actually affecting the stock! Egads! Yesterday someone tried to run up the Oil Services HOLDRs (OIH) in my face. The puts I suggested buying looked like losers. Nah. They are still the best place in town. That group's just started getting hit. Sell 'em.”	Love	January 09, 2009
High Dividends	3.8	Love	December 21, 2008
barrons3	Cramer said with mortgage rates likely to hit 4%, he's also warming up to the homebuilders, including KB Homes (KBH), Toll Brothers (TOL) and Lennar (LEN).	Love	December 18, 2008
barrons3	The short interest in Frontline [FRO] is massive, adds Tim Seymour. And Centex [CTX] and Lennar [LEN] are up 30- 50% in the last month. I’d be out.	Love	December 17, 2008
barrons3	Let's take some Toll Brothers (TOL) and KB Homes (KBH), and why not some Lennar (LEN) and D.R. Horton (DHI)?	Love	December 04, 2008
barrons3	Centex (CTX), Lennar (LEN), KB Home (KBH), Horton (DHI) and Pulte (PHM) look so cheap they are scrumptious ... until you look at their credit lines, which make them seem downright expensive.	Love	November 13, 2008
High Dividends	2.8	Love	October 10, 2008
einstein p fleet	Come down to South FL and see for yourself. The market is not bottoming here, it's getting worse by the day.	Hate	August 30, 2008
barrons2	Cramer based his conclusion on an analysis of the charts of the seven largest home builders, including Toll Brothers (TOL), Centex (CTX), D.R. Horton (DHI), Pulte Homes (PHM), Lennar (LEN), MDC Holdings (MDC) and KB Homes (KBH).	Love	August 28, 2008
barrons2	People still have fresh capital to speculate on a bottom in Lennar (LEN) or Pulte (PHM) or D.R. Horton (DHI).	Love	July 10, 2008
presigo	too early in housing downturn	Hate	July 04, 2008
barrons2	2. Toll Bothers (TOL) is up. I know that doesn't matter much, but if we could get a tiering where people dislike Lennar (LEN) and like Ryland (RYL), Toll and KB Home (KBH) -- which makes sense -- and keeps taking up Standard Pacific (SPF) now that it has its financing, then you have a potential HGX trade.	Love	July 02, 2008
ashok8489	bad housing mkt	Hate	May 04, 2008
barrons2	Q: Switching to your old home, what are your thoughts on the U.S. credit crunch? A: We had the worst credit bubble ever in American history, perhaps world history. I can't remember anytime in history when people were able to buy a house with no money down -- sometimes with no income. You don't clean out a bubble like that in six months to a year. I've been short the U.S. investment banks by using the Amex Securities Broker/Dealer Index [ticker: XBD], an exchange traded fund with exposure to many of those firms. I've also been short Citigroup [C] and Fannie Mae [FNM]. I'll short some more if we get nice rallies in any of them. I am still short some of the U.S. homebuilders like Lennar [LEN].	Love	April 12, 2008
sbennett5	bad industry	Hate	March 16, 2008
barrons2	Lennar (LEN) – Not Good Net Debt $2.4bln -- Sales: $12.2bln	Love	January 29, 2008
Sarcoz	because it has been in business since 54' has good land inventory, solild leadersip, and financials to weather the storm. Also concentrating on high growth areas. Also I'm impressed with their website and marketing.	Love	January 25, 2008
barrons2	Nearly all the major home builders, for instance, are trading below book. Lennar (LEN) and Pulte Homes (PHM) now fetch about 50% of book value, while Toll Brothers (TOL), the high-end specialist, trades for 80% of book.	Love	January 19, 2008
barrons2	I like Lennar (LEN) says Pete Najarian because they’re sitting on 90,000 homes that they’re ready to sell. It could explode.	Love	January 15, 2008
Zbillz1	Current Housing/Credit Slump	Hate	December 31, 2007
barrons2	Yet, Miller has been adding to the housing stocks, including Centex (CTX), Lennar (LEN), Pulte Homes (PHM) and a few financials.	Love	December 22, 2007
Ragingbull103	No bottom yet in sight for homebuilders in general and will be very sensitive if the Fed does not drop rates quickly enough.	Hate	December 18, 2007
eranchik99	short it	Love	December 10, 2007
barrons2	Underperform - Price 24.18 on Sept. 25 by Raymond James Lennar [recently] reported its August quarter operating results, delivering a F3Q07 EPS loss of $3.25 versus prior year, when it earned $1.30. Our EPS estimate was a loss of 29 cents and Street consensus was a loss of 55 cents...the loss was driven by a staggering $857 million of charges ($3.33 per share) relative to the $1.1 billion the company has recorded in the downturn to date. Management cited heavy discounting by the public builders and existing home market, low consumer confidence in housing, and a redefining mortgage market as reasons for the weak trends in 3Q.	Love	September 29, 2007