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PHH Corporation Message Board

  • citiccgirl citiccgirl Nov 26, 2012 1:36 PM Flag

    PHH huge short interest...positive article today..."Forget the home builders: Investors looking for a play on housing should take a look at PHH.

    PHH huge short interest...positive Barron's piece..."Forget the home builders: Investors looking for a play on housing should take a look at PHH. :

    "I expect some nonbank player, most likely a private-equity firm, to sweep in the next year or so and take PHH out north of $30," he avers. "You know that Blackstone made more than a pass at PHH in early 2008, when mortgage-finance companies were at a much higher price. Now, PHH is much more attractive with the washout in the industry and the reduction in competition. Margins are far more attractive today, and the housing market is in recovery."

    Sentiment: Strong Buy

 
PHH
27.53May 21 4:02 PMEDT