Is Now The Time To Put TopBuild (NYSE:BLD) On Your Watchlist?
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Has the U.S. Homebuilding Industry valuation changed over the past few years?
|Sun, 29 May 2022||US$120.4b||US$151.0b||US$20.2b||5.2x|
|Tue, 26 Apr 2022||US$116.2b||US$146.2b||US$18.8b||5.5x|
|Thu, 24 Mar 2022||US$126.6b||US$145.9b||US$18.7b||6.1x|
|Sat, 19 Feb 2022||US$135.7b||US$143.7b||US$19.0b||6.9x|
|Mon, 17 Jan 2022||US$160.4b||US$139.5b||US$18.0b||8.4x|
|Wed, 15 Dec 2021||US$168.7b||US$137.4b||US$17.6b||8.9x|
|Fri, 12 Nov 2021||US$155.1b||US$134.7b||US$16.8b||8.4x|
|Sun, 10 Oct 2021||US$138.3b||US$130.3b||US$15.7b||7.8x|
|Tue, 07 Sep 2021||US$152.8b||US$128.8b||US$14.9b||9.5x|
|Thu, 05 Aug 2021||US$154.1b||US$128.2b||US$14.9b||9.4x|
|Sun, 09 May 2021||US$157.9b||US$119.5b||US$12.9b||11.3x|
|Wed, 10 Feb 2021||US$127.3b||US$113.2b||US$11.1b||11.6x|
|Tue, 03 Nov 2020||US$108.2b||US$107.9b||US$9.9b||10.2x|
|Fri, 07 Aug 2020||US$108.6b||US$104.6b||US$9.0b||10.8x|
|Thu, 30 Apr 2020||US$75.0b||US$103.7b||US$8.5b||7.9x|
|Sun, 02 Feb 2020||US$103.1b||US$101.1b||US$8.1b||11.7x|
|Wed, 06 Nov 2019||US$94.9b||US$99.1b||US$7.7b||12.3x|
|Sat, 10 Aug 2019||US$81.6b||US$97.9b||US$7.7b||11.1x|
How does U.S. Homebuilding compare with similar industries?
|Housewares and Specialties||12.07%|
Which companies have driven the market over the last 7 days?
Installed Building Products
Harbor Custom Development
In this article, I start by discussing the U.S. housing market based on demand and supply. It's a tricky situation with significant affordability risks. So far, KB Home is doing tremendously well thanks to pricing and strong demand. However, its stock price has incorporated a lot of (expected) weakness. KBH stock seems to be extremely cheap, yet I'm expecting a bit more weakness until bulls return. Hence, I remain neutral for the time being.