Apple Is Cheap, but Ocwen Is Even Cheaper!
For the skeptics who say it was down so low that up was the only direction left -- I say you are probably right.
Even so, more people need more and different places to live. Five years worth. And the entire industry is responding. So much so that housing is now the No. 1 rated sector in my Best Stocks Now app.
Data from Best Stocks Now App
I wrote back in early October about how this housing recovery is real. I wrote about the 12-month triple-digit returns amongst many of the homebuilding stocks . I showed how the building sector was ranked No. 2 at the time in my Best Stocks Now App.
I showed the returns of an exchange traded fund (ITB (ITB) ) that tracks the U.S. home construction sector. I showed how it had soared almost 120% over the last 12 months. I embedded a link in the article that led to a recent interview I had with Mick Pattinson, an expert in the homebuilding industry, in my daily radio show "Best Stocks Now."
I was shocked when I heard from him just how real this housing recovery really is. Let's not forget that we now have the lowest interest rates that we had for the last 100 years! How can this not help put the housing market on steroids?
I went on in the article to show how Lennar (LEN) was currently one of my top-rated stocks. Here is how it looks today: