NVR, Inc.
Real-time BATS EXCHANGE - 03/23 09:00:00 pm

Good timing to go long again

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Patrick Rejaunier
Equity Analyst

Strategy published on : 03/07/2018 | 18:16

long trade

Entry price : 2952.35$
Target : 3208.23$
Stop-loss : 2704$
Potential : 8.67%

The technical support around 2704 USD emanating from daily closing prices could trigger a technical rebound for NVR, Inc. shares.

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

● In a short-term perspective, the company has interesting fundamentals.


● The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at USD 2750.19 USD in weekly data.

● Share prices are approaching a strong support area in daily data, which offers good timing for investors.

● The group's high margin levels account for strong profits.

● Considering the small differences between the analysts' various estimates, the group's business visibility is good.

● For the past twelve months, EPS forecast has been revised upwards.

● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.

● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

● The stock is in a well-established, long-term rising trend above the technical support level at 2750.19 USD

Zonebourse.com 2018
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