As the chart colorfully shows, LEN's quarterly EPS must rebound sharply to sustain its current price-per-share, which is close to a 52-week high. Lennar will report its latest quarterly numbers and step into the earnings confessional on Jan. 11. Investors and potential investors will be listening closely. If you decide to speculate on shares of TOL and LEN I encourage you to have a carefully predetermined stop-loss strategy in place to limit the downside risk. Conventional wisdom tells us, "You've got to cut your losses and let your winners ride." Now's as good a time as any to apply that wisdom as we end a volatile financial year and enter a new, promising one. As of the time of publication the author is not long shares of any company mentioned in this article.
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