Hot Financial Stocks To Invest In 2015

Hot Financial Stocks To Invest In 2015: Hovnanian Enterprises Inc (HOV)

Hovnanian Enterprises, Inc. (Hovnanian), incorporated in 1967, designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, mid-rise condominiums, urban infill and active adult homes in planned residential developments. The Company consists of two distinct operations: homebuilding and financial services. Its homebuilding operations consist of six segments: Northeast,including New Jersey and Pennsylvania; Mid-Atlantic, including Delaware, Maryland, Virginia, West Virginia, and Washington, D.C; Midwest, including Illinois, Minnesota and Ohio; Southeast, including Florida, Georgia, North Carolina and South Carolina; Southwest, including Arizona and Texas, and West, including California. Its financial services operations provide mortgage loans and title services to the customers of its homebuilding operations. During fiscal year ended October 31, 2011 (fiscal 2011), the Company had delivered 4,216 homes.

As of October 31, 2011, the Company was, excluding unconsolidated joint ventures, offering homes for sale in 192 communities in 37 markets in 16 states throughout the United States. It markets and builds homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active adult buyers and empty nesters. It offers a product range to provide housing to a range of customers. Its diverse product array includes single-family detached homes, attached townhomes and condominiums, mid-rise condominiums, urban infill and active adult homes.

The Company's residential development activities include site planning and engineering, obtaining environmental and other regulatory approvals and constructing roads, sewer, water, and drainage facilities, recreational facilities and other amenities and marketing and selling homes. These activities are performed ! by its associates, together with independent architects, consultants, and contractors.

The Company sells its homes to customers who finance their purchases th! rough mortgages. It originates loans in Arizona, California, Delaware, Florida, Georgia, Illinois, Maryland, Minnesota, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Texas, Virginia, Washington, D.C. and West Virginia.

Advisors' Opinion:

• [By WWW.DAILYFINANCE.COM]

  Most of the swings this week were related to fears about global growth and not about the fundamentals.

  The turmoil has not been limited to the floor of the New York Stock Exchange. Bonds, overseas stock markets and commodities prices have all had big moves this week. "Most of the swings this week were related to fears about global growth and not about the fundamentals of this market," said James Liu, global market strategist at JPMorgan Funds. The VIX, a measure of how much volatility investors expect in stocks, has risen from 12 in mid-September to as high as 31 this week, above its historical average of around 20. That's still far below the readings of 80 it had at the height of the 2008 financial crisis. "This volatility, in a way, is purely psychological. This is the market returning to a more normalized behavior," Liu said. The Dow Jones industrial average (^DJI) advanced 263.17 points, or 1.6 percent, to 16,380.41 Friday. The Standard & Poor's 500 index (^GPSC) rose 24 points, or 1.3 percent, to 1,886.76 and the Nasdaq composite (^IXIC) rose 41.05 points, or 1 percent, to 4,258.44. On Friday, investors rallied behind a group of corporate earnings results. General Electric (GE) rose 2.4 percent after the company reported third-quarter earnings that beat analysts' forecasts, citing improved performance in its aviation and oil and gas divisions. GE has a broad range of businesses that cover so many parts of the economy, from banking to building nuclear reactors, that investors see its results as a bell! wether fo! r how U.S. industry is doing. GE rose 57 cents to $24.82. Textron (TXT), another industrial conglomerate, had the second-biggest gain in the S&P 500 index after its own earnings came in far ahead of what analysts were expecting. Textron rose $2.99, or 9 percent, to $36.65. Overall, the S&P 500's industrial sector rose nearly 2 percent, making it the best performing part of the market. Next week will be one of the busiest periods
• [By Monica Gerson]

  Hovnanian Enterprises (NYSE: HOV) is projected to report its Q3 earnings at $0.09 per share on revenue of $559.47 million.

  VeriFone Systems (NYSE: PAY) is expected to report its Q3 earnings at $0.35 per share on revenue of $458.93 million.

source from Top Stocks For 2015:http://www.topstocksblog.com/hot-financial-stocks-to-invest-in-2015-2.html