$LEN Possible trade in Lennar Corp
Entry level $56 = Target price $60 = Stop loss $55
Stock is currently sitting on strong support and has a nice reversal in yesterdays session.
Currently has a average buy rating and a $85 target among analysts.
Very reasonable 9 P/E
Sector has fallen out of favor in recent months as capital runs back into high risk sectors.
Lennar Corp. is a homebuilder company, which engages in the provision of real estate related financial and investment management services. It operates through the following segment: Lennar Financial Services, Lennar Multifamily and Rialto. The Lennar Financial Services segment focuses on the mortgage financing, title insurance and closing services for both buyers of homes and others. The Lennar Multifamily develops, constructs and manages property of multifamily rental. The Rialto segment involves in raising, investing, and managing third-party capital, originating, and selling into securitizations commercial mortgage loans. The company was founded by Gene Fisher and Arnold Paul Rosen in 1954 and is headquartered in Miami, FL.
Stock is currently sitting on strong support and has a nice reversal in yesterdays session.
Currently has a average buy rating and a $85 target among analysts.
Very reasonable 9 P/E
Sector has fallen out of favor in recent months as capital runs back into high risk sectors.
Lennar Corp. is a homebuilder company, which engages in the provision of real estate related financial and investment management services. It operates through the following segment: Lennar Financial Services, Lennar Multifamily and Rialto. The Lennar Financial Services segment focuses on the mortgage financing, title insurance and closing services for both buyers of homes and others. The Lennar Multifamily develops, constructs and manages property of multifamily rental. The Rialto segment involves in raising, investing, and managing third-party capital, originating, and selling into securitizations commercial mortgage loans. The company was founded by Gene Fisher and Arnold Paul Rosen in 1954 and is headquartered in Miami, FL.
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