The stock market has begun to reflect a high probability of a recession. Strategists at UBS screened for stocks that have clearly priced in that risk—and are worth considering. A recession seems in th...
Tag: PHM
Kohl’s, PulteGroup, Macy’s and 6 Other Stocks That Already Price in a Recession
The stock market has begun to reflect a high probability of a recession. Strategists at UBS screened for stocks that have clearly priced in that risk—and are worth considering. A recession seems in th...
McCormick, PulteGroup, and Merck Boost Dividends
McCormick PulteGroup and Merck Merck were among the large U.S. companies that declared dividend increases this week. McCormick (ticker:MKC) will boost its quarterly disbursement to 39 cents a share fr...
Famed Value Investor Buys Stock in Citigroup, PulteGroup, and Oshkosh
Value investor Edgar Wachenheim III’s Greenhaven Associates recently made major changes in its investments. Greenhaven increased its stakes in Citigroup (ticker: C) and home builder PulteGroup (PHM), ...
New home sales decline, surprising analysts, even though the inventory of properties for sale has hit the highest level since 2008
The numbers: U.S. new-home sales decreased 2% to an annual rate of 772,000 in February, the government said Wednesday. That figure represents the number of homes that would be sold over a yearlong per...
Home Depot Was the Dow’s Best Performer. Why the Gains Are Set to Continue.
Text size Justin Sullivan/Getty Images Home construction and improvement stocks are poised to continue their gains in 2022, as the work-from-home trend continues, mortgage rates remain low, and proper...
Residential housing demand ‘cratered’ as mortgage rates spiked, analyst says
Raymond James analyst Buck Horne lowered ratings on all of the home-builder stocks he covers, as he believes the recent “relentless” climb in mortgage rates has ensured a housing recession. “Interest ...