Quarterly Update: Analyzing Cavco's Triumph In Affordable Housing [Seeking Alpha]
Cavco Industries, Inc. (CVCO)
US:NASDAQ Investor Relations:
investor.cavco.com
Company Research
Source: Seeking Alpha
CVCO stock is not as cheap compared to 7 months ago as it surged 40% since my initial coverage, but that doesn't mean this story is over. Macroeconomic trends, including a strong economy and declining house affordability, continue to support Cavco's growth prospects. I reiterate my "Buy" rating, as I believe the stock will continue appreciating in the medium term. Introduction It is time for the quarterly review of one of my favorite companies that I have analyzed here on Seeking Alpha: Cavco Industries ( NASDAQ: CVCO ). I first initiated coverage of Cavco Industries on September 19, 2023 , rating the company as a 'Buy.' My subsequent analysis in January upheld this rating, highlighting a resilient economy that, despite enduring higher interest rates, continues to support the housing sector. The macroeconomic trends underpinning my initial 'Buy' rating persist. Since my initial coverage, the stock has surged nearly 40%, and it is not that cheap anymore. However, I maintain
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CVCO
News
- Is Cavco Industries, Inc.'s (NASDAQ:CVCO) Latest Stock Performance A Reflection Of Its Financial Health? [Yahoo! Finance]Yahoo! Finance
- Cavco (CVCO) Moves to Buy: Rationale Behind the Upgrade [Yahoo! Finance]Yahoo! Finance
- Cavco Industries: Fantastic Business But Transition Period To Avoid [Seeking Alpha]Seeking Alpha
- Cavco Industries Receives Training Magazine APEX Award Recognition [Yahoo! Finance]Yahoo! Finance
- Cavco Industries Receives Training Magazine APEX Award RecognitionGlobeNewswire
CVCO
Earnings
- 2/1/24 - Miss
CVCO
Sec Filings
- 4/19/24 - Form 4
- 2/15/24 - Form 4
- 2/14/24 - Form 144
- CVCO's page on the SEC website