Home builder stock #3: KB Home (KBH) - Louis Navellier

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Home builder stock #3: KB Home (KBH)
Aug 30, 2009 02:00 PM UTC

Louis Navellier

Return	Risk
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Symbol	Sentiment	Start	Return	Closed
KBH		08/30/09	-24.56%	--

Via BloggingStocks:

Filed under: KB HOME (KBH), Stocks to Buy, Housing

KB Home (NYSE: KBH) was hit incredibly hard by the housing bust. The stock fell from $82 to just $7 per share. We haven't seen shakeouts like that since the tech bust.

Unlike some of the other home builders, KBH probably hit bottom early. The company's loss from last year wasn't as bad as its loss from 2007, and that's a good sign.

What I also like about KB Home is that the stock's volatility has calmed down, which is often the result of heavy institutional buying.

Continue reading Home builder stock #3: KB Home (KBH)

Home builder stock #3: KB Home (KBH) originally appeared on BloggingStocks on Sun, 30 Aug 2009 09:00:00 EST. Please see our terms for use of feeds.

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