Housing

Homebuilder & Housing Analyst Upgrades (KBH, MDC, PHM, TOL)

This morning, Banc of America has actually upgraded the homebuilder sector.  This may be the first such round of upgrades from a brokerage firm across the board in what seems like forever.  The price targets haven’t been seen yet, but here are some of the summary notes:

  • KB Home (NYSE: KBH), MDC Holdings (NYSE: MDC), Pulte Homes (NYSE: PHM) raised to Buy.
  • Toll Brothers (NYSE: TOL) raised to Neutral from Sell.

Homebuilder stocks were hit hard yesterday, but last week we noted how the strong rally had taken some of the homebuilder stocks up more than 100% from their lows, and some were even up 200%.

When was the last time you saw ANY good news in this sector?

Jon C. Ogg
February 5, 2008

The #1 Thing to Do Before You Claim Social Security (Sponsor)

Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.

A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.

Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.

 

Have questions about retirement or personal finance? Email us at [email protected]!

By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.

By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.