Lennar Rises On Unusually High Volume (LEN)

NEW YORK ( TheStreet) -- Lennar Corporation (NYSE: LEN) is trading at unusually high volume Tuesday with 12.2 million shares changing hands. It is currently at 2.1 times its average daily volume and trading up $1.96 (+5.9%) at $35.01 as of 4 p.m. ET.

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Lennar has a market cap of $5.47 billion and is part of the industrial goods sector and materials & construction industry. Shares are down 14.5% year to date as of the close of trading on Monday.

Lennar Corporation, together with its subsidiaries, engages in homebuilding, financial services, and real estate businesses in the United States.

TheStreet Ratings rates Lennar as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Lennar Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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