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7 pts

Opinion on  Pulte Homes Inc (PHM)     Sector: Capital Goods  >  Industry: Construction Services
Bullish on PHM ...

Apr 07, 2009 05:17 PM GMT
Foto
Return Risk
-24.55% HIGH
Principal

Pulte Homes, Inc., through its subsidiaries, engages in the homebuilding and financial services businesses primarily in the United States. The companyÂ’s homebuilding business involves in the acquisition and development of land for residential purposes within the continental United States; and the construction of housing on such land for the first-time, first and second move-up, and active adult home buyers. As of December 31, 2008, the companyÂ’s homebuilding operations offered homes for sale in 459 communities. In addition, its financial services operations consist of mortgage banking and title operations. The company arranges financing through the origination of mortgage loans for its homebuyers; sells such loans and the related servicing rights; and provides title insurance policies as an agent, and examination and closing services to its home buyers. Pulte Homes was founded in 1956 and is headquartered in Bloomfield Hills, Michigan


PHM:  This call was made on 04/07/09 @ $11.02
Rating:   Positive   $11.02 (04/07/09)
Gain/Loss:   -12.34% in 215 days
Allocation:   0.1% of portfolio


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