JPMorgan about-faces on homebuilder sector, moving its outlook to Positive from Negative. "Not...

|By:, SA News Editor

JPMorgan about-faces on homebuilder sector, moving its outlook to Positive from Negative. "Not only is housing solidly past its trough, but over the next 24 months will continue to recover and drive further upside to the current rally in the home-builder stocks," firm says. HOV +4.1% premarket. TOL +3.6%. KBH +3.4%. LEN +2.8%.