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Search resuls for: "homebuilders D.R"


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In a note on Tuesday, Smead shared the secrets to his success via four guiding principles for outperforming the market. What is worse, losing $30 per share or the sin of omission by missing the next $120 gain per share?" "Our optimism for companies goes up as the price goes down when it fits our eight criteria for stock selection," Smead said. 7 stocks Smead is betting on nowIn the note, Smead listed seven companies he owns that fit these criteria: oil firms Occidental Petroleum (OXY) and ConocoPhillips (COP); homebuilders D.R. We believe that 100% of the people who pick stocks for a living think they will be above average," Smead said.
Persons: Bill Smead, Cole, He's, Smead, D.R, Horton, LEN Organizations: Smead Capital Management, Morningstar, Bank of America, Occidental Petroleum, ConocoPhillips, Merck, US
With housing, Buffett chooses a great location
  + stars: | 2023-08-30 | by ( Ben Winck | ) www.reuters.com   time to read: +4 min
WASHINGTON, Aug 30 (Reuters Breakingviews) - Mortgages are pricey, but Warren Buffett seems to think that’s a good thing for homebuilders. Horton (DHI.N), Lennar (LEN.N) and NVR (NVR.N), just as mortgage rates hit the highest level in nearly 23 years. That’s 3% less than last year, and 7% less than the average used-home price today. Horton, NVR and Lennar on Aug. 14. The conglomerate, run by billionaire investor Warren Buffett, purchased $726 million, $71 million and $17 million of DR Horton, NVR and Lennar shares, respectively, throughout the second quarter, according to a Securities and Exchange Commission filing.
Persons: Warren Buffett, Berkshire Hathaway, D.R . Horton, Horton, NVR, Lauren Silva Laughlin, Sharon Lam Organizations: Reuters, U.S . Bureau of Labor Statistics, Buffett, Berkshire, Securities and Exchange Commission, Mortgage Bankers Association, Census, Thomson Locations: . Berkshire, D.R ., Horton, U.S, New York, Los Angeles, Berkshire, that’s, homebuilders D.R, DR
Discover Financial Services — The financial services stock fell more than 5% after announcing the resignation of its CEO. Horton , Lennar a nd NVR rose in extended trading after regulatory filings revealed Warren Buffett's Berkshire Hathaway added new positions in the stocks during the second quarter. Horton rose 2.7%. Getty Images — Shares of the content creation company tumbled about 15% in extended trading after it issued preliminary second-quarter results. Getty Images posted a loss of 1 cent per share, compared with the 9 cents per share earned in the year-ago period.
Persons: Roger Hochschild, John Owen, D.R, Lennar, Warren Buffett's Berkshire Hathaway, NVR, Horton, , Darla Mercado Organizations: Discover Financial, Getty, Revenue Locations: Horton
Futures tied to the S&P 500 were little changed in overnight trading Monday. Futures linked to the broad market index added 0.1%, while Nasdaq-100 futures rose about 0.2%. A rebound in semiconductor and technology names lifted the S&P 500 and Nasdaq Composite 0.58% and 1.05%, respectively, during the regular trading session. Six of the 11 major S&P sectors finished positive, led to the upside by information technology. Later in the week, traders will parse releases from Target and Walmart .
Persons: Homebuilders D.R, Horton, Lennar, Warren Buffett's Berkshire Hathaway, NVR, Stocks, selloff, Morgan Stanley, Alicia Levine Organizations: New York Stock Exchange, Nasdaq, Dow Jones, Discover Financial, Dow, Nvidia, VanEck Semiconductor, BNY Mellon, Home Depot, Target, Walmart
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