Hovnanian (HOV): A Practical Long Trade into a Cheap, Cash-Generating Builder
Hovnanian Enterprises is a small-cap national homebuilder trading under $1 billion market cap with improving fundamentals, a meaningful free cash flow footprint, and an attractive price-to-book. I like HOV as a long trade for patient investors who can tolerate housing-cycle risk. Entry $130.25, stop $117.00, target $160.00 over a 180 trading-day ho…