KB Home Disappoints Investors; We Continue to See Little Upside in the Homebuilders at Current Levels
publication date: Mar 24, 2012
Though we believe the banking and housing markets will show improvement during 2012, we cannot understate the importance of having a rigorous valuation methodology in one's stock-selection process. KB Home ended down over 8% Friday and its peers showed sympathy weakness during the trading session. We continue to believe there are better places to park one's capital than the homebuilding sector at this time.
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