Cavco, AMG Gain, Manufactured Housing CV Up, Broader Markets Rise

Credit: CNN Money.

Continuing today, the Daily Business News manufactured housing industry connected market report on MHProNews will add and tweak some features, in an ongoing effort to provide ever more useful and balanced information to readers.

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Noteworthy headlines on CNNMoney – Trump: I turned down $2B Dubai deal over weekend. JetBlue just made WiFi free on all domestic flights. Big OPEC oil producer is spending billions to go green. Amazon launches Chase card for Prime members.

Some bullets from Fox Business Trump targets pharma, biotech stocks drop. Bayer, Monsanto CEOs meet with Trump, argue merger would create U.S. jobs. Confirmation showdown: Cory Booker vs. Jeff Sessions. Oil rises most in a month on Trump, Saudi export cut.

Key Commodities

Crude Oil 52.32 1.50 (2.95%) Gold 1,194.10 5.60 (0.47%) Silver 16.77 –0.08 (-0.46%)

The markets at the Closing Bell Today…

S&P 500 2,275.32 6.42 (0.28%)

Dow 30 19,954.28 96.75 (0.50%)

Nasdaq 5,563.65 11.83 (0.21%)

Russell 2000 1,373.30 2.40 (0.17%)


Image credit, Yahoo, posted for the Daily Business News, MHProNews.


The MH Industry – Today’s Risers and Sliders

The top two gainers for the day were Cavco Industries Inc. (CVCO) and Affiliated Managers Group Inc. (AMG).

The top two sliders for the day were Skyline Corp. (SKY) and Equity LifeStyle Properties Inc. (ELS).

Manufactured Housing Composite Value (MHCV) Ticker

Credit: Yahoo Finance.

NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew has changed their name and trading symbol at the end of 2016 to Lippert (LCII).


Graphic credit, Bloomberg Ticker for Daily Business News Manufactured Housing Industry Connected Stock Market Report, MHProNews.

Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.  Drew, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##

(Image credits are as shown above.)

RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

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