Lennar Corporation (LEN) has been indicated by both analysts and famed investor Warren Buffet as a viable investment opportunity in the homebuilding sector. Buffet's
Berkshire Hathaway significantly invested in the firm, and others are forecasting a bullish scenario for LEN. The firm's anticipated
Q2 Earnings have been a hot subject, with some predicting lower results while many others remain bullish. Major contributors to the bullish stance include
strategic capital return plans involving high dividend payouts and massive stock buyback programmes. Furthermore,
Florida-based Lennar has been successfully expanding, recently celebrating the grand opening of a new amenity centre and clubhouse, and now selling townhomes in the prestigious Angeline Master-Planned Community. Lennar is also being recognised for its ventures outside traditional homebuilding, including a remarkable partnership with
CPP Investments for US apartment developments and the acquisition of
SunStreet, marking its significant move into the residential solar platform. Lennar's resilience in the industry makes it a standout, earning the compliment from CNBC's Jim Cramer as being 'So Good' and set to 'Go Higher'.
Lennar Corporation Class A LEN News Analytics from Thu, 04 Apr 2013 07:00:00 GMT to Fri, 28 Jun 2024 14:26:00 GMT -
Rating 7
- Innovation 6
- Information 9
- Rumor -1
