Sun Communities, Universal Forest Products Up, MHCV Down, Broader Markets Steady

Credit: CNN.

Noteworthy headlines on CNNMoney – Will Elizabeth Warren gain more clout? Warren Buffett shuttles voters to polls on Omaha trolley. Brexit blows $31 billion hole in British budget. Hertz falls off a cliff after cutting its forecast.

Some bullets from MarketWatch – CVS is about to lose more than 40 million prescriptions. S&P 500 spikes from the 200-day average, rallies to firmer technical ground. These four races will decide who controls Senate. U.S. stocks close higher as election results loom.

Oil down 0.18%. Gold down 0.26.

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

S&P 500 2,139.53 8.01 (0.38%)

Dow JIA 18,332.43 72.83 (0.40%).

Nasdaq 5,193.49 27.32 (0.53%).


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 Sun Communities Inc. (SUI) and Universal Forest Products Inc. (UFPI). The top two sliders for today were Affiliated Managers Group Inc. (AMG) and NorthStar Realty Finance Inc. (NRF). Killam and Deer Valley held steady, as these stocks are only being bought/sold periodically. (Notice: ALWAYS look at the date on the Bloomberg chart below, as some stocks aren’t traded daily, etc.).

Sun Communities was featured in a recent report, linked 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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