Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.
GRBK is a mid cap home builder and land development company. It is growing nicely and priced well at 10X earnings. It has economic/rate sensitivity but has been very profitable for the past decade. The balance sheet is OK. Insiders own 7% and the stock has been doing very well. Positives: growth, management, consistency, valuation. Cons: recession risk, interest rate risk, cash flow variablility. It looks good to us and is growing faster than a group of six Bloomberg peers. We cannot provide personal weightings, but as a mid cap stock with economic sensitivity we would be cautious on a big position. Unlock Premium - Try 5i Free
GRBK is a mid cap home builder and land development company. It is growing nicely and priced well at 10X earnings.
It has economic/rate sensitivity but has been very profitable for the past decade. The balance sheet is OK.
Insiders own 7% and the stock has been doing very well.
Positives: growth, management, consistency, valuation.
Cons: recession risk, interest rate risk, cash flow variablility.
It looks good to us and is growing faster than a group of six Bloomberg peers.
We cannot provide personal weightings, but as a mid cap stock with economic sensitivity we would be cautious on a big position.
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