Patrick Industries, Drew Industries Lead Manufactured Housing CV, Broader Markets Mixed

Credit: CNN Money.

Noteworthy headlines on CNNMoney – Megyn Kelly weighing options at other networks. U.S. dollar hits 13-year high. Ford will be first automaker to import cars from India. Twitter suspends accounts of “alt-right” advocates.

Some bullets from MarketWatch – Shipping stocks soar as bears abandon ship. Donald Trump’s war on media is boosting subscriptions, donations for news outlets. Facebook’s fake news problem might not hurt stock long term. Mexico is now a “screaming buy” for investors, thanks to Donald Trump.

Oil down 0.95%. Gold up 0.04.

Three Major U.S. Market Tickers and closing numbers at the bell today…

S&P 500 2,176.94 -3.45 (-0.16%)

Dow JIA 18,868.14 –54.92 (-0.29%).

Nasdaq 5,294.58 18.96 (0.36%).

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 Patrick Industries Inc. (PATK) and Drew Industries Inc. (DW). The top two sliders for today were Cavco Industries Inc. (CVCO) and The Carlyle Group LP (CG). Killam held steady today, as the stock is only being bought/sold periodically. (Notice: ALWAYS look at the date on the Bloomberg chart below, as some stocks aren’t traded daily, etc.).

Recent report on Cavco Industries here.


Manufactured Housing Composite Value Ticker

Credit: Yahoo Finance.

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

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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