Top-Rated Stocks Near Buy Point Ahead Of Earnings: Lennar

With earnings on tap for Sep. 14, Lennar (LEN) is trading about 3% below a 110.24 entry. The entry is based on a second-stage cup with handle.


Understand that buying a stock just ahead of earnings can be risky since you typically don’t have enough time to build a profit cushion before the latest quarterly numbers come out. Be sure to follow sound buy and sell rules to minimize your exposure.

See How IBD Helps You Make More Money In Stocks

The company reported 61% EPS growth last quarter. Revenue increased 22%.

Analysts expect earnings growth of 54% for the quarter, and 71% growth for the full year. Annual earnings estimates were recently revised higher.

The company has a 94 Composite Rating and earns the No. 8 rank among its peers in the Building-Residential/Commercial industry group. Century Communities (CCS), MI Homes (MHO) and Green Brick Partners (GRBK) are among the top 5 highly rated stocks within the group.

Note: Dates for earnings reports are subject to change. Check the company’s website for any updates.


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