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Not shying away from a hot sector, Sterne Agee calls for over-weighting the homebuilders (XHB)...

Not shying away from a hot sector, Sterne Agee calls for over-weighting the homebuilders (XHB) ahead of Q1 earnings. "We believe housing supply is not sufficient to meet demand," says Sterne simply, and inventory in key regions has fallen to levels where builders from the low to high end can all raise prices. Top individual picks: RYL, DHI, MTH.
Comments (2)
  • Yea sure, buy RYL at $40. Are you insane!!!!!!!!!!
    No thanks, I'd bet it will visit $25 in six months.
    14 Mar 2013, 04:14 PM Reply Like
  • Someone is trying to pump the real estate & housing market! Why buy new when you can buy a foreclosure for 1/2 the price. There are thousands of houses sitting on the books waiting to come up for foreclosure followed by the foreclosures coming out in the paper today.
    14 Mar 2013, 07:54 PM Reply Like
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