With significant volatility across the homebuilding industry after Chairman Bernanke's comments about tapering on May 22nd, followed by a no tapering surprise in September, investors are likely scratching their heads regarding an entry point into homebuilder stocks. The industry is challenging to get a read on. On one hand housing data continues to improve, and builders across the country are reporting continued demand for their products. On the other hand interest rates are rising and will eventually climb higher, this fear alone is causing homebuilder stocks to remain at depressed levels. So which side is right? Is it worth taking risk today and investing in the housing recovery?
While only time will answer these questions, my personal opinion is that...
Only subscribers can access this article, which is part of the PRO research library covering 3,760 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: