The recent rise in interest rates has hit a variety of sectors hard over the past few weeks. Mortgage REITs and large homebuilders like Lennar (LEN) have taken in on the chin during the last trading week. I am not interested in either sector right now: The homebuilders because they have had a huge run over the past year and a half and the mortgage REITs due to their leverage.
Another stock that I am interested in and that is connected to housing is Ply Gems Holdings (PGEM). The company was a recent IPO that soared in its first couple of weeks on the NASDAQ exchange, but has since fallen back under its...
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