Relatively speaking Hovnanian says housing is improving off weak base. Up to 700,000 houses in the industry projected for 2012. Remember, there were about 1.4 million houses constructed on average just about 7 years ago. Business is decent and accelerating. Says worries about interest rates, jobs, availability of loans and positive outlook by consumers. Good interview. This is a great cheerleader for any company.
KSN 44 I recognize your handle from another stock? Semi conductors? This sector has fantastic up side and a limited down side IMO. I own both pulte and Hov long term.This positive news is the best and most up beat in 4 or 5 years wait and enjoy the ride Max Profit