11 Oct ADD: BEAZER HOMES (NYSE:BZH)
OCTOBER 2018 – BUY – BEAZER HOMES (NYSE:BZH)
There is no mistaking it….I like the home builders in the States. Earnings will increase over the next few years, values at Beazer Homes and Hovnanian are still hovering below book value and we will see some good earnings growth over the next 24 months. I am buying BZH at 75% of my estimate of Book Value and 50% off recent levels. Average price is just over USD $10.00 per share.