Top Integrated Utility Stocks To Own For 2015

Top Integrated Utility Stocks To Own For 2015: PulteGroup Inc.(PHM)

PulteGroup, Inc., through its subsidiaries, engages in homebuilding and financial services businesses primarily in the United States. The company?s homebuilding business includes the acquisition and development of land primarily for residential purposes within the United States; and the construction of housing on such lands. It offers various home designs, including single-family detached, townhouses, condominiums, and duplexes under the Pulte Homes, Del Webb, and Centex brand names. As of December 31, 2011, its homebuilding operations offered homes for sale in approximately 700 communities. The company?s financial services business consists of mortgage banking and title operations. It arranges financing through the origination of mortgage loans for its homebuyers; sells such loans and related servicing rights; and provides title insurance policies as an agent, and examination and closing services to its home buyers. The company was formerly known as Pulte Homes, Inc. an d changed its name to PulteGroup, Inc. in March 2010. PulteGroup, Inc. was founded in 1956 and is headquartered in Bloomfield Hills, Michigan.

Advisors' Opinion:

• [By maarnio]

  Beazer Homes' competitors include KB Home (KBH), Lennar (LEN), and PulteGroup (PHM). Here is a table comparing these companies.

  Company

• [By Johanna Bennett]

  Lennar (LEN) fell 2.4% to $37.49 and KB Home (KBH) fell 2% to $17.01. PulteGroup (PHM) sank about 1.3%%.

  Housing ETFs including SPDR S&P Homebuilders (XHB) fell 1.56% to $30.27 and iShares U.S. Home Construction ETF (ITB) fell 1.47% to $22.78. PowerShares Dynamic Building & Construction Fund (PKB) lost about 0.75%.

• [By shash63]

  PulteGroup (PHM) witnessed a strong start in 2014, with first quarter results showing gains resulting fr! om the strategies which focused on profitable growth and higher margins, rather than sales volume. For the quarter, the Company reported pretax income of $130 million, an increase of 58% over prior year pretax income of $82 million. Net income for the period was $75 million, or $0.19 per share, compared with prior year net income of $82 million, or $0.21 per share.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-integrated-utility-stocks-to-own-for-2015.html