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Posted by
Two Blokes Jul 11 -
Filed in
Stock
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11 views
LGI Homes is attractively valued for new investors, with a deep discount to tangible book and forward P/E near 6x, a far better setup than homebuilding peers. The company's focus on developing new communities distinguishes it from many competitors while adding strategic value. Despite recession fears and sector headwinds, technical momentum signals and insider trading activity suggest the potential for a turnaround.