LGIH April Home Closings

Investment Analysis Clubs Saul’s Investing Discussions
1

http://investor.lgihomes.com/releasedetail.cfm?ReleaseID=969…

They closed 341 homes in April, vs 267 in April 2015. That’s up 27.7%. That’s even more of an increase YoY than the increase in March, which was 23.2%.

They’re now up more than 26% YTD vs last year.

Seems like pretty good numbers for a stock with a P/E around 11!

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I read this too Paul. Sounds promising:)

I have an 11% position with this company. Started buying in Jan. and have been steadily adding more in increments. Up 38% so far.

Wonder who gave me the idea about incremental additions.
Looking forward to next week.