Skyline’s Wild Ride Continues, LCI Tops Estimates, Broader Markets Rise

Dailymarketwrap5192017dowjonesindustrialaveragecreditcnnmoney-manufacturedhousingindustrymarketsreportdailybusinessnewsmhpronews
Credit: CNN Money.

Noteworthy headlines on – CNNMoney – A record 107 million Americans have car loans. IBM tells remote employees to get back in the office. Obamacare repeal: CBO score due Wednesday. Robots could wipe out another 6M retail jobs.

Some bullets from Fox BusinessKarl Rove names most likely source of White House leaks. Russia probe could take more than a year: Fmr. Whitewater Counsel Robert Ray. Wall Street ends up but off session highs on renewed political fears. Oil rises as investors expect output cut extension next week.

9 key market indicators, per Yahoo! Finance.

 

  • S&P 500 2,381.73 16.01 (0.68%)
  • Dow JIA 20,804.84 141.82 (0.69%)
  • Nasdaq 6,083.70 28.57 (0.47%)

 

  • Crude Oil 50.37 1.02 (2.07%)
  • Gold 1,255.20 2.40 (0.19%)
  • Silver 16.83 0.16 (0.99%)

 

  • EUR/USD 1.1204 0.0104 (0.94%)
  • 10-Yr Bond 2.245 0.012 (0.54%)
  • Russell 2000 1,367.33 6.25 (0.46%)

 

We Provide, You Decide.” ©

Dailymarketwrap5192017dowjonesindustrialaveragesp500nasdaqcredityahoofinance-manufacturedhousingindustrymarketsreportdailybusinessnewsmhpronews
Credit: Yahoo Finance.

Manufactured Housing Composite Value (MHCV) Ticker

Dailymarketwrap5192017yahoomanufacturedhousingcompositevaluemanufacturedhousingindustrydailybusinessnews-mhpronews
Credit: Yahoo Finance.

 

The MH Industry – Today’s Risers and Sliders

Top risers included Skyline Corp and AMG. Nobility Homes and LCI Industries led the sliders today.MHProNewsManufacturedHousingIndustryConnectedStockMarketReportSpotlight

LCI’s recent earnings report delivered $1.71 earnings per share (EPS) for the quarter, topping the estimates of $1.66 on revenues of $498.34 million. Revenues were up 17.9 percent on a year-over-year basis.

Recent industry commentary from Kevin Clayton during Berkshire Hathaway’s annual meeting is linked here.

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

 

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

 

Dailymarketwrap5192017bloombergtickermanufacturedhousingindustryrelatedmarketreportdailybusinessnews-mhpronews
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. LCI Industries, 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, and when provided by third parties, are shared under fair use guidelines.)

 

rcwilliams-writer75x75manufacturedhousingindustrymhpronews
RC Williams, MHProNews.

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

 

(Copyright Notice: This and all content on MHProNews and MHLivingNews always have been and are Copyrighted, © 2017 by MHProNews.com a dba of LifeStyle Factory Homes, LLC – All Rights Reserved. No duplication is permitted without specific written permission. Headlines with link-backs are of course ok. A short-quoted clip, with proper attribution and link back to the specific article are also ok – but you must send a notice to iReportMHNewsTips@mhmsm.com of the exact page you’ve placed/posted such a use, once posted.)

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