{"id":15405,"date":"2012-12-11T00:53:05","date_gmt":"2012-12-11T08:53:05","guid":{"rendered":"http:\/\/drduru.com\/onetwentytwo\/?p=15405"},"modified":"2012-12-11T00:53:05","modified_gmt":"2012-12-11T08:53:05","slug":"picking-homebuilder-stocks-2013","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2012\/12\/11\/picking-homebuilder-stocks-2013\/","title":{"rendered":"Picking Homebuilder Stocks for 2013"},"content":{"rendered":"<p><strong>(This is an excerpt from an article I originally published on Seeking Alpha on November 26, 2012. <a href=\"http:\/\/seekingalpha.com\/article\/1027471-picking-homebuilder-stocks-for-2013\" target=\"_blank\">Click here to read the entire piece<\/a>.)<\/strong><\/p>\n<p>{snip} It is hard to be bearish on the U.S. economy when housing is working. Homebuilders are also the ultimate play on the U.S. economy given the minimal (direct) linkage to global macro-economics. For a good summary on how housing can drive recessions and recoveries see an EconTalk podcast interviewing Ed Leamer from UCLA: &#8220;<a href=\"http:\/\/www.econtalk.org\/archives\/2009\/05\/leamer_on_macro.html\" target=\"_blank\">Leamer on Macroeconomic Patterns and Stories<\/a>&#8220;. {snip}<\/p>\n<p>So, as the housing recovery continues to unfold, 2013 should prove to be a pivot year for the economy. Next year should also be a time to get picky about trading homebuilders as full participants in the recovery. While the recovery is in its early stages, the rally in homebuilders is quite advanced. {snip}<\/p>\n<p>Key for ticker symbols used in the rest of this piece:<br \/>\nBeazer Homes USA Inc. (BZH), DR Horton Inc. (DHI), Hovnanian Enterprises Inc. (HOV), KB Home (KBH), Lennar Corp. (LEN), MDC Holdings Inc. (MDC), Meritage Homes Corporation (MTH), PulteGroup, Inc. (PHM), Ryland Group Inc. (RYL), Toll Brothers Inc. (TOL)<\/p>\n<p><em><strong>Click image for a larger view&#8230;.<\/strong><\/em><br \/>\n<center><br \/>\n<figure id=\"attachment_15407\" aria-describedby=\"caption-attachment-15407\" style=\"width: 290px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderPerformance.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderPerformance-300x216.jpg\" alt=\"Year-to-Date Performance for Select Homebuilder Stocks (2012)\" title=\"Year-to-Date Performance for Select Homebuilder Stocks (2012)\" width=\"300\" height=\"216\" class=\"size-medium wp-image-15407\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderPerformance-300x216.jpg 300w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderPerformance.jpg 791w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-15407\" class=\"wp-caption-text\">Year-to-Date Performance for Select Homebuilder Stocks (2012)<\/figcaption><\/figure><br \/>\n<strong>Source: Prices from Y!Finance<\/strong><br \/>\n*To help follow the spaghetti in the chart, the legend is ordered to follow year-to-date performance in descending order.<br \/>\n<\/center><\/p>\n<p>{snip}<\/p>\n<p>For some clues, I looked for the hot spots that have the focus of the housing bears. It turns out there is a mild relationship between the <strong>change<\/strong> in short interest this year (measured as a ratio in shares short) and year-to-date stock price performance. {snip}<\/p>\n<p>{snip}<\/p>\n<p><em><strong>Click image for a larger view&#8230;.<\/strong><\/em><br \/>\n<center><br \/>\n<figure id=\"attachment_15418\" aria-describedby=\"caption-attachment-15418\" style=\"width: 290px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderShortsIncreased.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderShortsIncreased-300x212.jpg\" alt=\"Shares Short in Select Homebuilder Stocks With Increased Short Interest for 2012 (as of October 31st)\" title=\"Shares Short in Select Homebuilder Stocks With Increased Short Interest for 2012 (as of October 31st)\" width=\"300\" height=\"212\" class=\"size-medium wp-image-15418\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderShortsIncreased-300x212.jpg 300w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderShortsIncreased.jpg 791w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-15418\" class=\"wp-caption-text\">Shares Short in Select Homebuilder Stocks With Increased Short Interest for 2012 (as of October 31st)<\/figcaption><\/figure><br \/>\n<br \/>\n<figure id=\"attachment_15419\" aria-describedby=\"caption-attachment-15419\" style=\"width: 290px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderShortsDecreased.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderShortsDecreased-300x213.jpg\" alt=\"Shares Short in Select Homebuilder Stocks With Decreased Short Interest for 2012 (as of October 31st)\" title=\"Shares Short in Select Homebuilder Stocks With Decreased Short Interest for 2012 (as of October 31st)\" width=\"300\" height=\"213\" class=\"size-medium wp-image-15419\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderShortsDecreased-300x213.jpg 300w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderShortsDecreased.jpg 791w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-15419\" class=\"wp-caption-text\">Shares Short in Select Homebuilder Stocks With Decreased Short Interest for 2012 (as of October 31st)<\/figcaption><\/figure><br \/>\n<strong>Source: NASDAQ.com Short Interest<\/strong><br \/>\n<\/center><\/p>\n<p>{snip}<\/p>\n<p>I used valuation to place a final ordering on my picks. {snip} The table below combines valuation with the short interest and price performance metrics. Stocks highlighted in yellow are my picks for 2013.<\/p>\n<p><center><br \/>\n<figure id=\"attachment_15421\" aria-describedby=\"caption-attachment-15421\" style=\"width: 443px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderValuation.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderValuation.jpg\" alt=\"Basic Homebuilder Metrics as of November 21, 2012\" title=\"Basic Homebuilder Metrics as of November 21, 2012\" width=\"453\" height=\"340\" class=\"size-full wp-image-15421\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderValuation.jpg 453w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderValuation-300x225.jpg 300w\" sizes=\"auto, (max-width: 453px) 100vw, 453px\" \/><\/a><figcaption id=\"caption-attachment-15421\" class=\"wp-caption-text\">Basic Homebuilder Metrics as of November 21, 2012<\/figcaption><\/figure><br \/>\n<strong>Source for valuations: Y!Finance<\/strong><br \/>\n<\/center><\/p>\n<p>{snip}<\/p>\n<p><center><br \/>\n<figure id=\"attachment_15423\" aria-describedby=\"caption-attachment-15423\" style=\"width: 490px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121123_MTH.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121123_MTH.png\" alt=\"MTH broke out this year\" title=\"MTH broke out this year\" width=\"500\" height=\"350\" class=\"size-full wp-image-15423\" srcset=\"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121123_MTH.png 500w, https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121123_MTH-300x210.png 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><figcaption id=\"caption-attachment-15423\" class=\"wp-caption-text\">MTH broke out this year<\/figcaption><\/figure><br \/>\n<strong>Source: <a href=\"http:\/\/www.freestockcharts.com\/\" target=\"_blank\">FreeStockCharts.com<\/a><\/strong><br \/>\n<\/center><\/p>\n<p>MTH&#8217;s #1 ranking, pushes MDC to #2. TOL gets a #3 ranking mostly by virtue of the recent sharp decline in short interest. I consider its valuation a bit high but not surprising given it serves the higher-end segment of the housing market. KBH gets a #4 ranking based on the low P\/S valuation. Finally, PHM gets a #5 ranking as the remaining homebuilder stock with decreased short interest on the year. Like KBH, its P\/B ratio is very high, but unlike KBH its P\/S ratio is in the middle of the pack.<\/p>\n<p>{snip}<\/p>\n<p>Be careful out there!<\/p>\n<p><strong>(This is an excerpt from an article I originally published on Seeking Alpha on November 26, 2012. <a href=\"http:\/\/seekingalpha.com\/article\/1027471-picking-homebuilder-stocks-for-2013\" target=\"_blank\">Click here to read the entire piece<\/a>.)<\/strong><\/p>\n<p>Full disclosure: no positions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(This is an excerpt from an article I originally published on Seeking Alpha on November 26, 2012. Click here to read the entire piece.) {snip} It is hard to be bearish on the U.S. economy when housing is working. Homebuilders are also the ultimate play on the U.S. economy given the minimal (direct) linkage to &#8230; <a title=\"Picking Homebuilder Stocks for 2013\" class=\"read-more\" href=\"https:\/\/drduru.com\/onetwentytwo\/2012\/12\/11\/picking-homebuilder-stocks-2013\/\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[35],"tags":[1052,543,1003,1051,95,1044,1043,1005,146,147,78,1050,1047,1046,891,892,1017,1069,1049,1048,419,37,36],"class_list":["post-15405","post","type-post","status-publish","format-standard","hentry","category-housing","tag-beazer-homes-usa-inc","tag-bzh","tag-dhi","tag-dr-horton-inc","tag-housing-market","tag-hov","tag-hovnanian-enterprises-inc","tag-inc","tag-kb-home","tag-kbh","tag-len","tag-lennar-corp","tag-mdc","tag-mdc-holdings-inc","tag-meritage-homes-corporation","tag-mth","tag-phm","tag-pultegroup","tag-ryl","tag-ryland-group-inc","tag-short-interest","tag-tol","tag-toll-brothers-inc"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Picking Homebuilder Stocks for 2013 - ONE-TWENTY TWO: Trading Financial Markets<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/drduru.com\/onetwentytwo\/2012\/12\/11\/picking-homebuilder-stocks-2013\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Picking Homebuilder Stocks for 2013 - ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"og:description\" content=\"(This is an excerpt from an article I originally published on Seeking Alpha on November 26, 2012. Click here to read the entire piece.) {snip} It is hard to be bearish on the U.S. economy when housing is working. Homebuilders are also the ultimate play on the U.S. economy given the minimal (direct) linkage to ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/drduru.com\/onetwentytwo\/2012\/12\/11\/picking-homebuilder-stocks-2013\/\" \/>\n<meta property=\"og:site_name\" content=\"ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"article:published_time\" content=\"2012-12-11T08:53:05+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderPerformance-300x216.jpg\" \/>\n<meta name=\"author\" content=\"Dr. Duru\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@drduru\" \/>\n<meta name=\"twitter:site\" content=\"@drduru\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dr. Duru\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/12\\\/11\\\/picking-homebuilder-stocks-2013\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/12\\\/11\\\/picking-homebuilder-stocks-2013\\\/\"},\"author\":{\"name\":\"Dr. Duru\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"headline\":\"Picking Homebuilder Stocks for 2013\",\"datePublished\":\"2012-12-11T08:53:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/12\\\/11\\\/picking-homebuilder-stocks-2013\\\/\"},\"wordCount\":533,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"image\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/12\\\/11\\\/picking-homebuilder-stocks-2013\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2012\\\/11\\\/121121_HomebuilderPerformance-300x216.jpg\",\"keywords\":[\"Beazer Homes USA Inc.\",\"BZH\",\"DHI\",\"DR Horton Inc.\",\"housing market\",\"HOV\",\"Hovnanian Enterprises Inc.\",\"Inc.\",\"KB Home\",\"KBH\",\"LEN\",\"Lennar Corp.\",\"MDC\",\"MDC Holdings Inc.\",\"Meritage Homes Corporation\",\"MTH\",\"PHM\",\"PulteGroup\",\"RYL\",\"Ryland Group Inc.\",\"short interest\",\"TOL\",\"Toll Brothers Inc\"],\"articleSection\":[\"Housing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/12\\\/11\\\/picking-homebuilder-stocks-2013\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/12\\\/11\\\/picking-homebuilder-stocks-2013\\\/\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/12\\\/11\\\/picking-homebuilder-stocks-2013\\\/\",\"name\":\"Picking Homebuilder Stocks for 2013 - ONE-TWENTY TWO: Trading Financial Markets\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/12\\\/11\\\/picking-homebuilder-stocks-2013\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/12\\\/11\\\/picking-homebuilder-stocks-2013\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2012\\\/11\\\/121121_HomebuilderPerformance-300x216.jpg\",\"datePublished\":\"2012-12-11T08:53:05+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/12\\\/11\\\/picking-homebuilder-stocks-2013\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/12\\\/11\\\/picking-homebuilder-stocks-2013\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/12\\\/11\\\/picking-homebuilder-stocks-2013\\\/#primaryimage\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2012\\\/11\\\/121121_HomebuilderPerformance.jpg\",\"contentUrl\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2012\\\/11\\\/121121_HomebuilderPerformance.jpg\",\"width\":\"791\",\"height\":\"570\",\"caption\":\"Year-to-Date Performance for Select Homebuilder Stocks (2012)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/12\\\/11\\\/picking-homebuilder-stocks-2013\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Picking Homebuilder Stocks for 2013\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#website\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/\",\"name\":\"ONE-TWENTY TWO: Trading Financial Markets\",\"description\":\"Exploring the poetry in financial markets for students of money and economy since the year 2000.\",\"publisher\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\",\"name\":\"Dr. Duru\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"contentUrl\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"width\":900,\"height\":100,\"caption\":\"Dr. Duru\"},\"logo\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\"},\"sameAs\":[\"http:\\\/\\\/www.drduru.com\\\/onetwentytwo\",\"https:\\\/\\\/www.instagram.com\\\/drduru_market_breadth\\\/\",\"https:\\\/\\\/x.com\\\/drduru\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Picking Homebuilder Stocks for 2013 - ONE-TWENTY TWO: Trading Financial Markets","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/drduru.com\/onetwentytwo\/2012\/12\/11\/picking-homebuilder-stocks-2013\/","og_locale":"en_US","og_type":"article","og_title":"Picking Homebuilder Stocks for 2013 - ONE-TWENTY TWO: Trading Financial Markets","og_description":"(This is an excerpt from an article I originally published on Seeking Alpha on November 26, 2012. Click here to read the entire piece.) {snip} It is hard to be bearish on the U.S. economy when housing is working. Homebuilders are also the ultimate play on the U.S. economy given the minimal (direct) linkage to ... Read more","og_url":"https:\/\/drduru.com\/onetwentytwo\/2012\/12\/11\/picking-homebuilder-stocks-2013\/","og_site_name":"ONE-TWENTY TWO: Trading Financial Markets","article_published_time":"2012-12-11T08:53:05+00:00","og_image":[{"url":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderPerformance-300x216.jpg","type":"","width":"","height":""}],"author":"Dr. Duru","twitter_card":"summary_large_image","twitter_creator":"@drduru","twitter_site":"@drduru","twitter_misc":{"Written by":"Dr. Duru","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/drduru.com\/onetwentytwo\/2012\/12\/11\/picking-homebuilder-stocks-2013\/#article","isPartOf":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2012\/12\/11\/picking-homebuilder-stocks-2013\/"},"author":{"name":"Dr. Duru","@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"headline":"Picking Homebuilder Stocks for 2013","datePublished":"2012-12-11T08:53:05+00:00","mainEntityOfPage":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2012\/12\/11\/picking-homebuilder-stocks-2013\/"},"wordCount":533,"commentCount":0,"publisher":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"image":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2012\/12\/11\/picking-homebuilder-stocks-2013\/#primaryimage"},"thumbnailUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderPerformance-300x216.jpg","keywords":["Beazer Homes USA Inc.","BZH","DHI","DR Horton Inc.","housing market","HOV","Hovnanian Enterprises Inc.","Inc.","KB Home","KBH","LEN","Lennar Corp.","MDC","MDC Holdings Inc.","Meritage Homes Corporation","MTH","PHM","PulteGroup","RYL","Ryland Group Inc.","short interest","TOL","Toll Brothers Inc"],"articleSection":["Housing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/drduru.com\/onetwentytwo\/2012\/12\/11\/picking-homebuilder-stocks-2013\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/drduru.com\/onetwentytwo\/2012\/12\/11\/picking-homebuilder-stocks-2013\/","url":"https:\/\/drduru.com\/onetwentytwo\/2012\/12\/11\/picking-homebuilder-stocks-2013\/","name":"Picking Homebuilder Stocks for 2013 - ONE-TWENTY TWO: Trading Financial Markets","isPartOf":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#website"},"primaryImageOfPage":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2012\/12\/11\/picking-homebuilder-stocks-2013\/#primaryimage"},"image":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2012\/12\/11\/picking-homebuilder-stocks-2013\/#primaryimage"},"thumbnailUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderPerformance-300x216.jpg","datePublished":"2012-12-11T08:53:05+00:00","breadcrumb":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2012\/12\/11\/picking-homebuilder-stocks-2013\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/drduru.com\/onetwentytwo\/2012\/12\/11\/picking-homebuilder-stocks-2013\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/drduru.com\/onetwentytwo\/2012\/12\/11\/picking-homebuilder-stocks-2013\/#primaryimage","url":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderPerformance.jpg","contentUrl":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/11\/121121_HomebuilderPerformance.jpg","width":"791","height":"570","caption":"Year-to-Date Performance for Select Homebuilder Stocks (2012)"},{"@type":"BreadcrumbList","@id":"https:\/\/drduru.com\/onetwentytwo\/2012\/12\/11\/picking-homebuilder-stocks-2013\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/drduru.com\/onetwentytwo\/"},{"@type":"ListItem","position":2,"name":"Picking Homebuilder Stocks for 2013"}]},{"@type":"WebSite","@id":"https:\/\/drduru.com\/onetwentytwo\/#website","url":"https:\/\/drduru.com\/onetwentytwo\/","name":"ONE-TWENTY TWO: Trading Financial Markets","description":"Exploring the poetry in financial markets for students of money and economy since the year 2000.","publisher":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/drduru.com\/onetwentytwo\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":["Person","Organization"],"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0","name":"Dr. Duru","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","url":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","contentUrl":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","width":900,"height":100,"caption":"Dr. Duru"},"logo":{"@id":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg"},"sameAs":["http:\/\/www.drduru.com\/onetwentytwo","https:\/\/www.instagram.com\/drduru_market_breadth\/","https:\/\/x.com\/drduru"]}]}},"_links":{"self":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/15405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/comments?post=15405"}],"version-history":[{"count":28,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/15405\/revisions"}],"predecessor-version":[{"id":15738,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/15405\/revisions\/15738"}],"wp:attachment":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/media?parent=15405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/categories?post=15405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/tags?post=15405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}