The homebuilder stocks were front and center in the news yesterday for their strong upside performance following the release of better than expected Housing Starts data. Below is a chart of the S&P 1500 Homebuilder group over the last five years. As shown, after a massive run higher from mid-2011 through mid-2013, the group consolidated and went sideways for the next two years. Just recently, though, the homebuilders have broken out to new highs, leaving plenty of upside room to run.
Yesterday we provided Bespoke clients (Institutional subscribers) with an update on our “bullish housing” thesis, which we’ve been writing about for the last 18 months. We’re happy to provide you with a free look at yesterday’s report (our Closer report which goes out daily) — simply click on the thumbnail image below to view. If you like what you see and want to receive our Closer on a daily basis going forward (plus the rest of the Bespoke Institutional product line), please sign up for a Bespoke Institutional subscription at our Subscribe page. Keep in mind that you’ll start with a 5-day free trial and won’t be charged until the trial period ends.
In yesterday’s Closer we mentioned our Long-Term Housing Outlook that we sent subscribers in April 2014. As another way to show you the type of work that Bespoke subscribers receive, below is a link to that report. Please click on the thumbnail image below:
At $195/month or $1,995/year, Bespoke Institutional is actually an amazing value proposition. Both individual and institutional investors alike use Bespoke Institutional as their main resource for portfolio management. You simply can’t find the quality or quantity of work we’re providing to clients anywhere else at the price we’re providing it. Click the image below to sign up for your free trial and receive 10% off your membership cost after your trial period ends!