Betting on the Booming Housing Sector

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world.

This week’s Momentum Trader Alert recommendation in the red-hot housing sector is Lennar Corporation (LEN).

Founded in 1954 and based in Miami, Florida, Lennar Corporation is the leading builder of quality new homes under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of the company’s homes and others.

Under the Lennar Family of Builders banner, the company includes the following brand names: Lennar Homes, U.S. Home, Greystone Homes and Village Builders.

Lennar Corporation (LEN) versus the S&P 500 over the past Six Months

Momentum Trader Alert Analysis


Buy Lennar Corporation (LEN) at market today and place a 10% trailing stop.

Portfolio Update

Public Service Enterprise Group (PEG) stopped out on Jan. 4 at $48.00 at a loss.

Important Note

Finally, I am pursuing new opportunities, and this will be the last issue of Momentum Trader Alert. Your publisher, Eagle Financial Publications, will update you with further information about how your subscription will be fulfilled. To protect your remaining positions but still benefit from additional share-price appreciation, I recommend that you set a 10% trailing stop on all positions, except for the following four:
Cigna Corp. (CI) — currently 4.70% above its stop price;
Verisign (VRSN) — currently 8.83% above its stop price;
Texas Instruments (TXN) — currently 4.86% above its stop price; and
Diageo plc (DEO) — currently 3.40% above its stop price

Remember that any related options positions should be sold once a stock hits or falls below its stop price.


Nicholas Vardy

Nicholas A. Vardy

share on:

Like This Article?
Now Get Our FREE Special Report:
Alternative Investing: Investing in Timber

Stock Investor editor Paul Dykewicz reveals why investing in timber may be one of the best long-term portfolio strategies you'll find today.

Get Access to the Report, 100% FREE

share on:


Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

  • Forecasts & Strategies
  • Home Run Trader
  • Fast Money Alert
  • Five Star Trader
  • TNT Trader

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

  • Cash Machine
  • Premium Income PRO (exclusively for subscribers of Cash Machine)
  • Quick Income Trader
  • Breakout Options Alert
  • Hi-Tech Trader

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

  • Successful Investing
  • High Velocity Options
  • Intelligence Report
  • Bullseye Stock Trader
  • Eagle Eye Opener

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program

Jon Johnson

Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:

Product Details

  • Investment House Daily
  • Stock of the Week
  • Technical Traders Alert
  • Rapid Profits Stock Trader

Used by financial advisors and individual investors all over the world, is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

  • Dividend Investor