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A Homebuilder to Buy?

By Steve Abraham on Feb 19, 2008

Maybe?! I’m talking about ticker NVR.  Per Yahoo, NVR, Inc. operates as a homebuilder in the United States. The company engages in the construction and sale of single-family detached homes, town homes, and condominium buildings under Ryan Homes, NVHomes, Fox Ridge Homes, and Rymarc Homes trade names. It sells its Ryan Homes, Fox Ridge Homes, and Rymarc Homes products primarily to first-time homeowners and first-time move-up buyers located in Maryland, Virginia, West Virginia, Pennsylvania, New York, North Carolina, South Carolina, Ohio, New Jersey, Delaware, Michigan, Kentucky, and Tennessee. The company markets its NVHomes product primarily to move-up and upscale buyers in the Washington, D.C., Maryland, Pennsylvania, and the Maryland Eastern Shore metropolitan areas. It also offers mortgage related services to its homebuilding customers, including broker title insurance; and performs title searches in connection with mortgage loan closings. The company, formerly known as NVHomes, Inc., was founded in 1979. NVR, Inc. is headquartered in Reston, Virginia.  The stock looks like its bottomed. Its down from around $850 a share to around $400. It closed today at $561.  It’s an expensive stock but its worth watching here.  A pullback to around $530-$535 may present decent risk/reward picture.

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This entry was posted on Tuesday, February 19th, 2008 at 6:59 pm and is filed under Stock Charts. You can skip to the end and leave a response. Pinging is currently not allowed.


5 Responses to “A Homebuilder to Buy?”


By David Hagerman on February 25th, 2008 at 8:11 pm

Recent NVR volitility allows the trading boundries to open up with an upward trending bias.
Specifically, the stock became overbought when the stock hit $661.00 on 2/1/08 and pulled back to 2/25/06 (today’s)close of $559. My analysis of NVR strongly suggests ten folloowing Market Projections through 3/36/08 (next 21) days :

For now 2/26/08: Overbought $678 & Above Divide between Bull / Bear Market $547
Center $571
Oversold $463 & Below

Month from Now Overbought $771 & Above Divide between Bull / Bear Market $577
Center $ 639
Oversold $506 & Below
In short, this market is sitting just below the market center and the trading range for the 2/25/08 included the Bull / Bear divide price. NVR definitely has a upward bias an indicated by the center of the market trending toward $ 639 by the end of 4 weeks ( $68 / sahre appretiation)

Month end risk / reward for owning the stock for 4 weeks at todays close of $559:
Upside: $771-$559 or gain $212 (+38%)
Mid range: $ 639- $559 or gain $80 (+14%)
Downside: $ 506 -$559 or loss ($53) (-9,5%)

Check it out in 4 weeks……..Pay the money make your choice…Happy Bull Trading.

Dave Hagerman
Taylor Lake Village, Texas

By Wizetrade Community on February 27th, 2008 at 9:11 pm

The housing market is way to stagnant for me to buy into. Has anyone looked at this chart? Wizetrade warns against this.

By Darvastrader on March 19th, 2008 at 9:42 pm

NVR – perhaps, if you trade for the very very long term. I would stay away from stocks like that. Have a look at http://www.sharesmadeeasy.com . Their stock report highlights opportunities for trades every week.

By randy on May 30th, 2008 at 11:30 am

Sign up at easystockalerts.com for free to see your stock news before it breaks to the rest of the public! Just try it out for a week and see what you think.

By james moylan on February 2nd, 2011 at 3:55 pm

I have a web site where I research stocks under five dollars. I have many years of experience with these type of stocks. I would like to comment about {NVR} this home builder looks like its a survivor. but I would prefer to invest in a exchange traded fund that invests in homebuilding stocks. ishares has an exchange traded fund that targets home builders it trades under the symbol {ITB}

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