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mardi 17 avril 2012

PLAY OF THE DAY BZH(Beazer Homes)

This is one of the underdogs in housing and with this morning releases about home builds and permits, i would not be surprised to see another small drop. New home starts were not that good in march so looking for Q1 to be a bit lower BUT new permits did show an increase that let me thinks that Q2 will be much much better.

So BZH between 2,75$ to 2,80$ is a good play with an exit point around 3,19$.

I will be monitoring this one very carefully and pull the trigger after market stabilizes.

As usual DO NOT invest more than you can afford to lose and always do your own due diligence before investing in this stock or in any stock.

You can get the PLAY OF THE DAY also on twitter:   @investman2

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