Homebuilding Stock Gains 25%; Housing Market Remains Robust

Econ & Housing

PulteGroup (PHM) is in a newly-formed base as the housing market posts positive data. The homebuilder stock is Thursday’s IBD 50 Stocks To Watch pick. The strong housing market is bringing new life to homebuilder stocks. Housing Market Shows Improvement February new home sales came in at 640,00 vs. the 645,000 Econoday consensus, rising from a revised 633,000 in January….

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