Real estate development went on an upward tear as the stock market recovered as well as the banks after the financial crisis of 2008, when foreclosures were everywhere. For years afterward, homebuilder and real estate stocks started soaring in turnaround situations after they collapsed. As interest rates rise, this group is starting to "level off", but one financier, Walker & Dunlop, Inc. (WD) has projects all over the U.S. that have been quite successful. So it keeps borrowing and financing through a rather high debt/equity load, and also seems to be leveling off but not as fast as others in the group. As long as it keeps expanding, it is desirable as a growth stock. Chart indicators seem to work well on this stock because it is somewhat reactive and forgiving on picking short-term turning points.

Our recent article on Walker & Dunlop, Inc. (WD) is in the Archives Section Below.

Note: Zenith tries to pick only stocks which are shortable, but sometimes stocks appear afterward on the SEC Regulation SHO list of stocks which are not shortable, which is beyond our control. On some stocks, Zenith may hold more than the number of shares it trades in its inventory. Thus the "short" sale of such a security would technically not be a "short" sale for us and not subject to SEC rules regarding selling securities which are not deliverable. Also, stocks pop on and off the list available for shorting on successive days, so the presence of a stock on the current SHO list doesn't mean it was there at the time it was shorted.

Stocks recently restricted by the SEC as not shortable unless they are owned by us which are on our Active List include: HDSN (1/31).