MH Stocks Jump, Dow Moves Modestly Higher

Stocks advanced modestly Friday and the Yahoo Finance Manufactured Housing Composite Value added more than six percent. Some individual stock gains approached ten percent. All but one watched stock advanced. The lone decliner was Nobility Homes, which closed down .28 cents (3.59 percent) to $7.51 a share.

Advancing stocks included Affiliated Managers Group, up $2.16 (2.02 percent) to $109.22; Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway, up $640 (.54 percent) to $119,070; Cavco, up $3.42 (7.42 percent) to $49.54; Drew Industries Incorporated, up .29 (1.07 percent) to $27.28; Equity Lifestyle Properties, up .13 (.19 percent) to $67.50; Louisiana-Pacific Corporation, up .36 cents (4.35 percent) to $8.63; Patrick Industries, up .70 (9.75 percent making it the day’s biggest gainer) to $7.88; Skyline Corporation, up .39 cents (5.56 percent) to $7.40; Sun Communities, up .34 cents (.80 percent) to $42.90; Third Avenue Value Fund, up .66 cents (1.45 percent) to $46.18; Universal Forest Products, up .10 cents (.31 percent) to $32.30; UMH Properties, up .11 cents (1.08 percent) to $10.28 and Walker & Dunlop also up .11 cents (.88 percent) to $12.66.

Not adding or losing value Friday were Champion, Deer Valley, Liberty Homes and Palm Harbor Homes.