In this segment of Wednesday's Investor Beat, Motley Fool analyst Bill Barker discusses TRI Pointe Homes (NYSE:TPH), and tells investors why this California-based homebuilder is lighting up on his radar this week.

Bill Barker, Chris Hill, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.