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Building Your Portfolio on Homebuilding Stocks

Thursday, 24 Jul 2008 | 4:27 PM ET

David Goldberg, analyst at UBS, foresees a lot of volatility in the next two to three months in the homebuilding industry, but assured investors that stocks will rally in the first half of 2009 as the housing industry will perform better in the latter six months.

“There is no positive catalyst at the moment [for homebuilding companies],” said Goldberg. “However, there are some stocks that you can buy despite the weakness that we are seeing today.”

Goldberg’s “buy” rating stocks:

Centex

Ryland

Smart Money: Homebuilders
Making money in the homebuilder sector, with David Goldberg, building and building products analyst at UBS

“You need to buy stocks that offer the best risk/reward trade-off,” said Goldberg. He added that the companies above are in better positions to “pick up cheap land when it becomes available on the market.”


Disclosure:

David Goldberg does not own any shares of the companies mentioned above.

Disclaimer

  Price   Change %Change
CTXS
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ROYL
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