American Woodmark (AMWD) has been on an impressive run over the last couple of years. The company manufactures and distributes kitchen cabinets and vanities, and so it's heavily tied to the real estate market. The stock's rapid rise comes as:
- AMWD posted positive EPS in fiscal 2013 for the first time in four years.
- The housing market has seen an impressive turnaround, with permits for U.S. single family homes hitting 5-year highs in August.
- Analysts expect fiscal 2015 EPS to surpass levels seen during the real estate boom of 2005 to 2007.
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After a near 180% run up over the past 24 months, the growth story is played out. The housing market rebound has...