$BZH Beazer Homes at $7.55 is selling below its tangible book value MRQ of $19.15. Combined with insider buying and the fundamental back drop of millennials entering the house buying years, there is a lot going for the stock. The negatives are high debt to capital ratios and exposure to the Houston housing market where the downturn in the energy sector could impact demand.
Housing starts dipped 0.3% in May to an annual rate of 1.164 million units, the Commerce Department said Friday. Wall Street had expected starts to come in at a 1.15 million annualized rate. Buildi…
Source: Housing Starts Fell 0.3% To 1.16 Million Rate, Building Permits Up