Newgate Capital: Why The Housing Market Is Ready To Boom

Housing Starts

In this month’s issue of Value Investor Insight, Ricky Sandler of Eminence Capital, LLC, Robert Robotti of Robotti & Co and François Rochon of Giverny Capital discuss the housing sector and housing stocks. All three investors like the sector and believe there is further upside for all housing stocks. Robert Robotti, in particular, is optimistic on the outlook for suppliers to homebuilders:

“I would argue that the stocks of many suppliers to homebuilders are interesting today even though their share prices have recovered dramatically from their lows. Single-family housing starts should increase sharply from current levels and many of the supply businesses – as is the case with oriented strand board – would not have to...