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NVR

Stocks at OPPORTUNITY Levels!Buenos dias! I am back from a vacation to Panama (the country, not the Redneck Riviera) where I had a refreshing time and I'm ready to hunt for opportunities and share! Many great stocks have pulled back to their 50% Retracement Levels. If you follow my ideas you know that this is my favorite technique for finding opportunities in any instrument. I use a winner from this year, one of the best stocks of 2022, Coca-Cola NYSE:KO as a proof of concept as it is up over 7% from a second 50% Retracement retest last week. The new opportunities I am finding at these levels are: NYSE:ACN NASDAQ:AMAT NYSE:NVR NASDAQ:TSLA NASDAQ:GOOG
AMEX:SPYLong
by norok
4
Long $NVR $5,900 Price Target 2021Since my last post, I've adjusted my price target to $5,900 per share. Analysts are too conservative and wrong about $NVR and the influence of the unprecedented action from the Fed. That said, my price target has many assumptions baked in including continued low rates through all of 2021, a Trump re-election (extension of the low tax regime) and COVID resolution. This estimate includes revenues of around ~$8B, net income of ~$1B, around ~$750M spent on repurchases, a float of ~3.4M shares for EPS of around $295 per share next year. The company has unbelievably high ROA, ROE, ROIC all from a very balanced capital structure. Operating income and hence operating cash flow is the most important characteristic of any business in my view. It's $NVR's ability to continue to produce strong operating cash flow that enables it to repurchase so much stock and enrich existing shareholders by increasing their proportionate equity.
NYSE:NVRLong
by drsabir