Lennar (LEN) earnings will be released today, postmarket. Jay McCanless discusses homebuilder stocks such as LEN, D.R. Horton (DHI), KB Home (KBH), and Toll Brothers (TOL). He notes that Wedbush has an outperform rating on KBH with a $60 price target. He also looks at the MBA Mortgage Applications for the week of September 16th. Tom White then joins to demonstrate example trades using KBH and LEN.
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