Manufactured housing/rec. vehicle
Article Abstract:
Stronger-than-expected earnings have allowed manufactured housing stocks to perform well in early 1999, and Feb 1999 shipments have risen 4.4% to meet increased demand. Favorable consumer response, limited inventory, low interest rates, and consumer confidence have led to a year-to-date shipment increase of 8.1% for recreational vehicles and a 14% shipment increase for Feb 1999. The outlook for these stocks is good for the near term of 1999 and the year 2000, but investors need to be selective.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
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Manufactured housing/rec. vehicle
Article Abstract:
Market conditions for the recreational and manufactured housing industries remain mixed in 1999 and revenues and earnings are expected to remain flat in the 1999-2000 winter. The manufactured housing industry continues to consolidate, also, and the recreational vehicle sector is expected to see higher shipment in the future. The outlook for these stocks is mixed for the near term, but developments are favorable for the next three to five years.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
User Contributions:
Comment about this article or add new information about this topic: