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Hovnanian Enterprises (HOV) Looks Good: Stock Rises 5.5%

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Hovnanian Enterprises, Inc. (HOV - Free Report) was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 49.7% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Hovnanian currently carries a Zacks Rank #2 (Buy).

Another favorably placed stock in the same industry is Beazer Homes USA, Inc. (BZH - Free Report) , carrying the same Zacks Rank as Hovnanian. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is HOV going up? Or down? Predict to see what others think: Up or Down

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