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Lennar Looks To Be The Best Value In The Homebuilding Sector

Lennar Corp (NYSE:LEN), the developer of residential properties in the US, has seen its shares trade in a pretty tight range for the past two years after rallying hard with the rest of the homebuilding space. The company's price point is in the sweet spot of the home buying market in terms of achieving volume but with the outlook for home builders somewhat muted, is the stock expensive? In this article I'll take a look at Lennar to see if the company's shares are poised to break out of their channel or if it, like other stocks in the homebuilding space, is…