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Evercore ISI's Stephen Kim says it is not the right time to buy housing stocks, though he could change his view if builders cut production and mortgage rates fall. He favors PulteGroup and Toll Brothers with Outperform ratings and target prices of $154 and $184, respectively.
Berkshire Hathaway Inc. acquired approximately 2.4 million shares of Lennar's Class A stock between October 1 and October 2, according to a filing.
Berkshire Hathaway acquired approximately 2.4 million shares of Lennar's Class A stock between October 1 and October 2, according to a recent filing.