Hovnanian (HOV) CEO Makes Comments On Bloomberg TV
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Yesterday, I reported to you after watching Richard Dugas on Bloomberg TV, and today I had the chance to see Ira Hovnanian on Bloomberg today.
Below are a few of Ira's comments that I found interesting about the current state of Hovnanian's (NYSE: HOV) business. Hovnanian said he is seeing higher traffic which may result in more sales. He thinks the higher traffic is resulting from the fed cutting rates and increasing liquidity to the market.
He also said Hovnanian's cash position is "ok" and that Hovnanian would barely be a net borrower in the first half of the year.
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Below are a few of Ira's comments that I found interesting about the current state of Hovnanian's (NYSE: HOV) business. Hovnanian said he is seeing higher traffic which may result in more sales. He thinks the higher traffic is resulting from the fed cutting rates and increasing liquidity to the market.
He also said Hovnanian's cash position is "ok" and that Hovnanian would barely be a net borrower in the first half of the year.
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