This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Homebuilder Downgrades Cloud Earnings

Stocks in this article: BZH HOV MDC MHK SPF TOL ^HGX DHI KBH LEN PHM RYL

Reporting quarterly results before the open on Thursday is Beazer Homes (BZH - Get Report) ($16.38). This hold rated homebuilder set its 2013 high at $19.48 on Jan. 30. The weekly chart stays positive with a close this week above the five-week modified moving average at $15.93 with its 200-week simple moving average at $18.49. My annual value level is $13.95 with a weekly pivot at $16.54 and monthly risky level at $24.54.

D R Horton ($26.52 vs. $22.14 on April 18): Has been downgraded to sell from hold so it's time to book profits on this buy-and-trade strategy. The stock set a new multi-year high at $27.32 on Monday. The weekly chart is neutral with the five-week MMA at $23.82. My quarterly value level is $22.96 with a weekly pivot at $26.21 and the February 2007 high at $31.13.

Hovnanian (HOV - Get Report) ($5.56 vs. $4.98 on April 18): Maintained its buy rating with the stock rebounding from its 200-day SMA at $4.65 on April 18 to its 50-day SMA at $5.65 on Friday. The weekly chart shifts to positive with a close this week above its five-week MMA at $5.57. My weekly value level is $5.39 with my semiannual risky level at $6.00.


KB Home ($22.82 vs. $20.73 on April 18): Still has a hold rating and set a new multi-year high at $23.50 on Monday. The weekly chart remains positive but overbought with the five-week MMA at $20.98. My quarterly value level is $13.06 with a semiannual pivot at $22.95 and a weekly risky level at $24.28.

3 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,672.60 -141.38 -0.79%
S&P 500 2,051.82 -11.33 -0.55%
NASDAQ 4,757.8790 +7.4820 0.16%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs