Here’s the number that industry professionals and investors need to consider every morning, during the day, and before going to bed at night. $330 billion a year in prefab housing market potential here in the U.S. When you consider that factoid, per Amazon Alexa Funds estimate, and consider the notion that manufactured homes didn’t break $8 billion in retail sales in 2018, that tells you there is upside opportunities. Let’s look at a video from Fox Business this evening that says not of that but describes the problems that spell opportunities in disguis
If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further below, after the newsmaker bullets and major indexes closing tickers.
The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets. Headlines – at home and abroad – often move the markets. So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©
Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.
Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.
This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.
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Select bullets from CNN Money…
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- LIVE UPDATES US stocks close lower, pull back from records
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- Hackers could target the 2020 election. How will newsrooms respond if they release stolen data?
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- On Tuesday, April 2, 2019, in Dublin, Ireland. (Photo by Artur Widak/NurPhoto via Getty Images)
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- Hyundai’s Genesis unveils its vision for an electric car
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Select Bullets from Fox Business…
- Facebook stock rises on revenue beat despite warning of $5B charge in FTC inquiry
- US stocks close down after record-setting gains
- Cain says he declined Trump’s Fed nomination over political correctness
- Microsoft revenue up in 1Q on strong Azure cloud computing
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- How did Trump’s massive tax overhaul affect the housing market?
- Tom Brady tops NFL player merchandise sales for 2nd straight year
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- Money myths that can derail your finances
- Joe Biden’s views on taxes, billionaires and the economy
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- Melinda Gates reveals the secret to 25 year marriage to Bill
- Warren Buffett knocks down rumors that he’s buying PG&E
- Occidental Petroleum outbids Chevron for Anadarko Petroleum
- It’s not the economy right now for voters: Here’s why
- Brits desperately need US, so don’t bite the hand that feeds you: Varney
- Trump tax reform didn’t spark philanthropic apocalypse as predicted
Today’s markets and stocks, at the closing bell…
Today’s Big Movers
For all the scores and highlights on tracked manufactured home connected stocks today, see the Bloomberg graphic, posted below.
Today’s MH Market Spotlight Report –
The Fox Business panel discussion here below is what produced the headline quote.
The video makes some of the points that the viral Seattle is Dying video did last month. But it makes additional points too.
The economy is doing well. Wages are rising at a rate not seen in years. Unemployment has dropped. Minority employment is at historic highs. All of these are reasons that manufactured homes ought to be doing far better.
Business as usual – the status quo promoted by certain industry leaders – is the enemy. The way to get ahead of the curve is to look right while others are looking left. See the related reports for more.
Legacy Housing Corporation’s $10 Million Stock Repurchase, Plus Manufactured Home Market Updates
Bloomberg Closing Ticker for MHProNews…
NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.
NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.
NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.
LCI Industries, Patrick, UFPI and LP all supply manufactured housing.
AMG, CG and TAVFX have investments in manufactured housing related businesses.
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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.