...Unless your very patient. I think NHCH is headed down from here. Take a look at FRTG, this home builder has a P/E below 3.5 and will be announcing record closings and revenue in less than six weeks. Stock has dropped significantly during last 3 months as a result of several original insiders liquidating their positions. Is there better value out there in this sector?
Glad to see that I'm not the only dummy holding both of these turkeys :0) Check out Toll Bros (TOL) if you're looking for a great homebuilder....BUT, they too are not moving as I believe there is NO interest in homebuilders because of the fear and caution promoted by the investment media predicting looming higher interest rates. I view this time as a time to accumulate. Good luck