Stock Watch
WATCH: Stock pick — Lennar Corporation
Jean Pierre Verster from Protea Capital Management talks to Business Day TV about his stock pick of the day
07 April 2021 - 09:45
Jean Pierre Verster from Protea Capital Management (https://youtu.be/_IG73xkhHzU) chose Lennar Corporation as his stock pick of the day.
“My stock pick tonight is a US construction company, more specifically, the second-largest US home builder. They build both what is called single-family homes, or houses as we would call them, as well as multi-family homes, or what we would call flats. It’s almost like the Balwin Properties of the US, just 100 times bigger and with interest rates seemingly being lower for longer.”..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.