Author: vipin khare

Key points from this report:

 

• Existing home inventories have shrunk as homeowners do not want to give up their low mortgage rates booked during 2020–2021.
  • This is driving prices for traditional homes higher.

• The housing deficit in the U.S. is good for overall new homes demand.
• But due to higher mortgage rates and high traditional home prices, buyers are unable to afford.
  • In this scenario, revenue and earnings of traditional homebuilders are taking a hit.

• The demand for factory-built homes, which costs about one-third of site-built homes, could increase.
• Included are annotated Datagraphs® for:
  • Traditional homebuilders (those that we like and would wait for better technical action before entering): DHI, LEN, TMHC, GRBK; and
  • Factory-built home manufacturers: CVCO, SKY.

Key points from this report:

• Defense budgets across European nations are expected to swell over the next few years as the U.S. might pressure NATO members to raise the defense spending target to 5% of GDP, up from the current target of 2%. European defense contractors stand to benefit.
• With their competitive lead times and lower costs, South Korean defense contractors stand to gain from the EU struggling to raise its defense production capacity after years of decline.
• Included are annotated Datagraphs^® for defense contractors in Europe and South Korea: RHMX.DE, CSF.FR, LDO.IT, KOG.NO, AM@F.FR, SAAB.SE, HAGX.DE, SGA.KR, HRO.KR, LNX.KR, and ZCM.KR.