Should You Buy Lennar Corp (LEN) Stock After it Is Higher By 3.95% in a Week?

The market has been high on Lennar Corp (LEN) stock recently. LEN gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Lennar Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LEN!

See Full LEN Report

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With LEN Stock Today?

Lennar Corp (LEN) stock is trading at $171.87 as of 3:24 PM on Thursday, Mar 28, a rise of $3.37, or 2% from the previous closing price of $168.50. The stock has traded between $168.75 and $172.59 so far today. Volume today is less active than usual. So far 1,222,090 shares have traded compared to average volume of 1,990,601 shares. To screen for more stocks like Lennar Corp click here.

More About Lennar Corp

Lennar is the second-largest public homebuilder in the United States. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily construction and has invested in numerous housing-related technology startups. Click Here to get the full Stock Report for Lennar Corp stock.