Pre-Market Analysis: Lennar Corp., D.R. Horton Inc., Hovnanian Enterprises Inc., and Beazer Homes USA Inc. Editor Note: For more information about this release, please scroll to bottom. PR Newswire LONDON, October 21, 2013 LONDON, October 21, 2013 /PRNewswire/ -- The U.S. equity market posted gains on Friday, October 18, 2013. All three benchmark indexes edged higher, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite gaining 0.65%, 0.18% and 1.32%, respectively. Shares in the residential construction industry ended mostly on a lower note, even as the broader market edged higher. The major movers in the industry included Lennar Corporation (NYSE: LEN), D.R. Horton Inc. (NYSE: DHI), Hovnanian Enterprises Inc. (NYSE: HOV), and Beazer Homes USA Inc. (NYSE: BZH). All these companies are tracked by AAAResearchReports.com. Free technical research on LEN, DHI, HOV, and BZH can be downloaded upon signing up at: http://www.aaaresearchreports.com/register/ Lennar Corp.'s stock fell by 0.90% on Friday, after posting gains in the previous trading session. The company's shares vacillated between $34.86 and $35.62 before finishing the day at $35.04. A total of 2.90 million shares were traded, which is below the daily average volume of 5.57 million. Despite Friday's pullback, Lennar Corp.'s shares have gained 5.10% in the previous three trading sessions, outperforming the S&P 500, which has gained 2.73% during the same period. Furthermore, the company's stock is trading above its 50-day moving average of $33.99. Sign up and read the complimentary report on LEN at: http://www.AAAResearchReports.com/LEN102113.pdf On Friday, shares in D.R. Horton Inc. posted losses, even as the broader market finished on a positive note. The company's shares fluctuated between $18.90 and $19.28 before finishing the day 0.63% lower at $19.02. A total of 5.98 million shares were traded, which is below the daily average volume of 7.87 million. The company's shares have advanced 7.52% in the previous three trading sessions, outperforming the S&P 500, which has gained 2.73% during the same period. Further, D.R. Horton Inc.'s stock is trading above its 50-day moving average of $18.93. The free report on DHI can be downloaded by signing up now at: http://www.AAAResearchReports.com/DHI102113.pdf On Friday, Hovnanian Enterprises Inc.'s stock edged lower to close at $5.23, which is 0.19% lower than the previous day's closing price of $5.24. The company's shares oscillated between $5.18 and $5.30 during the trading session. A total of 2.81 million shares were traded, which is below the daily average volume of 4.32 million. The company's shares are up 4.60% in the previous three trading sessions, compared to a gain of 2.73% in the S&P 500 during the same period. Additionally, Hovnanian Enterprises Inc.'s stock is trading above its 50-day moving average of $5.19. A free report on HOV can be accessed by registering at: http://www.AAAResearchReports.com/HOV102113.pdf Beazer Homes USA Inc.'s stock edged higher on Friday, extending the gains from the previous trading session. The company's shares closed the day 0.80% higher at $18.79, after oscillating between $18.48 and $18.95 during the trading session. A total of 0.68 million shares were traded, which is below the daily average volume of 0.95 million. The company's shares have gained 8.05% in the previous three trading sessions and 2.57% in the last one month, outperforming the S&P 500, which has gained 2.73% and 2.02% during the respective periods. Moreover, Beazer Homes USA Inc.'s stock is trading above its 50-day and 200-day moving averages of $17.67 and $17.65, respectively. Register with AAA Research Reports and download research on BZH for free at: http://www.AAAResearchReports.com/BZH102113.pdf ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. 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Pre-Market Analysis: Lennar Corp., D.R. Horton Inc., Hovnanian Enterprises Inc., and Beazer Homes USA Inc.
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