Fast Money's Housing Trade
1264 views
Rate Now: 1 2 3 4

average rating: 4.00 / 1 ratings
Created by barrons2
DESCRIPTION:

Date updated:05-07-2008

A hedge fund manager argues in the WSJ that the housing market is bottoming. Is he right… or out of his mind?

symbol name last price % change open
  • +
  • MDC
    M D C Holdings
  • $42.73
  • +2.01%
  • $41.67

I think the market has priced in the housing crisis, says Karen Finerman. It's probably okay to dip your toe in the water. But if you want to play housing only look at companies with great balance sheets such as MDC Holdings (MDC) and Centex (CTX).

People owning MDC also tend to own: DTVERTSKSWSOSTKUSGAETBZH

TheStreet.com Rating: D+ What is this?

  • +
  • CTX
    Centex Cp
  • $14.01
  • +0.72%
  • $14.25

I think the market has priced in the housing crisis, says Karen Finerman. It's probably okay to dip your toe in the water. But if you want to play housing only look at companies with great balance sheets such as MDC Holdings (MDC) and Centex (CTX).

People owning CTX also tend to own: CFCGFIIIGIOMOLXXJTCSG

TheStreet.com Rating: D What is this?

  • +
  • HOV
    Hovnanian Ent Inc
  • $6.58
  • -3.80%
  • $6.85

Stay away from those that are highly leveraged such as Hovnanian Enterprises (HOV)she counsels.

People owning HOV also tend to own: AETBZHCGIFBPKBHLUKMDC

TheStreet.com Rating: D What is this?

  • +
  • XHB
    Spdr Homebuilders
  • $17.09
  • -0.18%
  • $16.83

She said for the cleanest play look at SPDR S&P Homebuilders (XHB), or investors can trade alongside Warren Buffett with USG Corp. (USG).

People owning XHB also tend to own: HANSSPYBSXIRAKAMDVNGW

TheStreet.com Rating: No Rating What is this?

  • +
  • USG
    U S G Cp
  • $26.47
  • -0.79%
  • $26.55

She said for the cleanest play look at SPDR S&P Homebuilders (XHB), or investors can trade alongside Warren Buffett with USG Corp. (USG).

People owning USG also tend to own: HRTMRHAESCKHCTRPDRHEBAY

TheStreet.com Rating: D+ What is this?

  • +
  • HD
    Home Depot Inc
  • $23.44
  • +0.26%
  • $23.82

Adami said the best play is Home Depot (HD). Macke told investors to avoid the housing sector all together.

People owning HD also tend to own: CCLXCVSGOOGGSJNJLLY

TheStreet.com Rating: C What is this?

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

latest articles | popular forums
Barron's Roundup - 7-19

Small-Cap Growth Manager: Barron's spoke with Jim Oberweis, manager of the $10-million Oberweis Mid-Cap Fund (OBMDX) and president of Oberweis Asset Management. Some of the...

07.20.08 | 01:45 AM
Friday's Asia ADR Recap

Stocks in India soared for the second day in a row Friday, as short sellers raced to cover positions, after crude oil prices continued to slide lower and inflation data cam...

07.18.08 | 17:44 PM
NFLX-MSFT Partnership Defines Fu...

I have been watching E3 2008 for a couple of reasons this year. The first is because I am a casual gamer, and E3 is the granddaddy of all video gaming conventions -- and le...

07.18.08 | 10:41 AM
Cramer's Take on Top-Searched St...

7-18-08 The clouds have parted -- at least momentarily. Wall Street rallied on Wednesday and closed at a three-month high. And then we had some follow-through yesterda...

07.18.08 | 00:52 AM
more articles
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZackAttack
True contrarian strategy
10.26.07 | 16:22 PM From author srea75
Cartoon Thread
11.15.07 | 20:31 PM From author Peter on Post Street
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
more forums
recent answers | popular answers
bubble(1)
Q. Could this week be the time when...
07.20.08 | 13:24 PM Asked by dragak1981

A. Let's hope so! I still like the
commodity story better than that of the
financials.
Long CHK and AGU.

show all recent stockpickr answers
today 's lists
Cramer Lightning Round - July 17

These are the stocks from Cramer's Lightning Round for July 17, 2008. We list the stocks on which he is BULLISH and BEARISH. more

Analyst Downgrades

Analyst Downgrades for 07-17-08 more

TheStreet.com TV Videos - July 15

These are some of the stocks mentioned today on TheStreet.com TV. Click the URL below each stock to watch the videos. more

show all today's lists