Cavco Gains Most Two Days Running; S&P Hits New High

The S&P hit a new high, 1900.53, +0.42 percent, +8.04 points as stocks rose modestly to begin the Memorial Day holiday. The Dow Jones Industrial Average moved up +0.38 percent, +63.19 points, to close at 16,606.27, while the Nasdaq gained +0.76 percent, +31.47 points, to end the week at 4,185.81. CNNMoney informs MHProNews.com the Yahoo! Finance Manufactured Housing Composite moved up +1.24 percent, to finish at 741.7. Tracked stocks we cover mostly finished up even, but Cavco Industries gained the most, +2.41 percent, +1.85 points, to close at 78.74. Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway slipped the most of stocks we follow, -0.17 percent, -330.00 points, to end the week at 190,025. Affiliated Managers Group 189.85 +0.02 (+0.01%). Deer Valley Corp. remained at 0.66. Drew Industries 48.28 +1.06 (+2.24%). Equity LifeStyle Properties 42.73 +0.38 (+0.90%). Liberty Homes remained unchanged at 0.80. Louisiana Pacific Corp. 14.68 +0.26 (+1.80%). Nobility Homes 11.89 -0.01 (-0.08%). Patrick Industries 38.16 +0.27 (+0.71%). Skyline Corp. remained unchanged at 4.90. Sun Communities, Inc. 47.54 +0.61 (+1.30%). Third Avenue Value Fund (May 22) 59.06 +0.27 (+0.46%). UMH Properties, Inc. 9.96 +0.07 (+0.71%). Universal Forest Products, Inc. 49.66 +0.89 (+1.82%). ##

(Graphic credit: CNNMoney and RealTick)

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