Homebuilders Resting on Stable Foundation
Morningstar's Eric Landry and Rick Tauber make the case that the homebuilders are poised to capitalize on the economic recovery, but the debt is more attractive than the equity right now.
Jeremy Glaser: For Morningstar.com, I'm Jeremy Glaser. The homebuilders have been in focus for years now as the housing crash and subsequent stabilization has been on a lot of investors' minds. I'm here today with associate director Eric Landry and credit analyst Rick Tauber to talk about the state of the homebuilding industry and if there are any opportunities for investors. Gentlemen, thanks for joining me.
Eric Landry and Rick Tauber: Thank you.
Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.