U.S. Stocks Approach New Record; MHCV Values Go Up

feb-12-2015-stock-report

MHCV values went up 3.40%. Most of the manufactured housing stocks we track went up. Leaders were:  NOBH 4.71%, CVCO 3.64%, and ELS 2.41%.

CBS Moneywatch tells MHProNews that U.S. stocks climbed up close to record levels on Thursday as technology, materials and energy companies all realized big gains.

The Standard & Poor’s 500 index rose 19.95 points, or 1 percent, to close at 2,088.48. The index is within two points of its closing record of 2,090.57, set December 29.

The Dow Jones industrial average gained 110.24 points, or 0.6 percent, ending at 17,972. The Nasdaq composite climbed 56.43 points, or 1.2 percent, to finish at 4,857.61.

Cisco Systems (CSCO) led the tech sector higher after reporting better-than-expected earnings. Energy stocks rose as the price of oil rebounded following two days of heavy losses.

Listed below are the closing numbers for today’s stock trading.

            Dow Jones      17,972.38       +110.24          (0.62%).

            S&P 500            2,088.48       +19.95            (0.96%).

            Nasdaq              4,857.61       +56.43            (1.18%).

The Yahoo! Finance Manufactured Housing Composite Value (MHCV): Composite Value: 577.7   Today’s Change:  +3.40%

As of approximately 4 PM ET: CNNMoney and Google Finance tell MHProNews:

Affiliated Managers Group, Inc. (NYSE: AMG) 214.56 +1.58 (0.74%).

Berkshire Hathaway (NYSE:BRK.A)– parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage, 21st Mortgage Corp., and other factory built housing industry suppliers.  224,460.00  +67.16 (0.03%).

Carlyle Group (NASDAQ:CG) 28.14 +0.51 (1.85%).

Cavco Industries, Inc. (NASDAQ:CVCO)  75.52  +2.65 (3.64%).

Deer Valley Corporation (OTCMKTS:DVLY) 0.550   0.000 (0.00% Feb. 12).

Equity LifeStyle Properties, Inc. (NYSE:ELS) 54.29 +1.28 (2.41%).

Killam Properties Inc. (TSE:KMP) 11.10 +0.04 (0.36%).

Liberty Homes, Inc. (OTCMKTS:LIBHA) 0.0500  0.0000 (0.00% Feb. 10).

Louisiana-Pacific Corporation (NYSE:LPX) 16.00 -0.40 (-2.44%).

Nobility Homes Inc. (OTCMKTS:NOBH) 10.00  +0.45 (4.71% Feb. 12).

Skyline Corporation (NYSEMKT:SKY) 3.78 +0.08 (2.11%).

Sun Communities Inc. (NYSE:SUI) 67.15 +1.28 (1.94%).

Third Avenue Value Fund Institutional Class (OTCMKTS:TAVFX)57.04-0.26(-0.45% Feb. 11).

UMH Properties, Inc. (NYSE:UMH) 9.52 +0.03 (0.32%).

Universal Forest Products, Inc. (NASDAQ:UFPI) 52.07 +0.89 (1.74%).

(Graphic credit: CNNMoney)

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Article Submitted by Sandra Lane to – Daily Business News- MHProNews.

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