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Lennar Records Strongest First-Quarter Homebuilding Operating Margin in Six Years

publication date: Mar 27, 2012
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Homebuilder Lennar assuaged renewed concerns about a resumption of weakening housing market trends by delivering a strong first-quarter report. Though we think the housing market will show continued stabilization and improvement during 2012, we're not enthused by any of the valuations presented by homebuilding stocks at this time.

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