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Home builder stock #4: Lennar (LEN)

Posted Aug 30th 2009 11:00AM by Louis NavellierLouis Navellier RSS Feed
Filed under: Lennar Corp'A' (LEN), Stocks to Buy, Housing


lennar stock (LEN)Lennar (NYSE: LEN) has had one of the most impressive rebounds of all the home builders. The stock has been up as much as 340% since bottoming last November.

Wall Street's current consensus for Lennar's earnings this year is a loss of $2.88. In my opinion, that's too low. I think Lennar will have little trouble surprising Wall Street analysts later this year.

Lennar is a good momentum buy.

Tags: home builders, home builer stocks, HomeBuilders, LEN, Lennar, Louis Navellier, stocks to buy, top stocks

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