Pultegroup Stock Could Push Back Toward Highs

03:31pm, Thursday, 19'th Oct 2023
Pultegroup Inc (NYSE:PHM) stock has moved choppily lower since its mid-August record highs, though lately it appears to have found a floor at the $70 level.
Homebuilders as a group were trading lower following the U.S. Census Bureau's report that more single-family homes were built in September than in August.
Shares of homebuilders took a broad beating Thursday, as mortgage rates kept rising to a 23-year high, and prompting more home buyers to back off. The iShares Home Construction ETF ITB, -4.82% dropped
The S&P 500's 5% decline from its intraday high for the year has hit even those star companies that have hit record levels in 2023. It could be an opportunity.
When an industry decides to go on a hiring spree, you better bet on the respective firms' overall management to expect a surge of demand - and, therefore, profits - coming right around the corner. How
PulteGroup (PHM) closed the most recent trading day at $73.12, moving +1.27% from the previous trading session.

The Q3 Earnings Season Kicks Off

06:47pm, Wednesday, 04'th Oct 2023
We have regularly been flagging the steady improvement in the revisions trend since April 2023, which has become more entrenched in recent months.

The Q3 Earnings Season Kicks Off

06:47pm, Wednesday, 04'th Oct 2023
We have regularly been flagging the steady improvement in the revisions trend since April 2023, which has become more entrenched in recent months.
Construction spending is steadily rebounding to normal, aided by investments in housing projects, which is helping stocks like Toll Brothers Inc. (TOL), M.D.C. Holdings, Inc. (MDC), NVR, Inc. (NVR) an
PulteGroup (PHM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Applied Materials (AMAT), PulteGroup (PHM), Arcos Dorados (ARCO), McKesson (MCK) and NetEase (NTES) could be compelling picks for investors in the current scenario.
The Fed kept interest rates steady last week, but projected monetary policy will remain significantly tighter through 2024 than previously expected.
Investors interested in stocks from the Building Products - Home Builders sector have probably already heard of PulteGroup (PHM) and Dream Finders Homes Inc. (DFH). But which of these two companies is
Joe Ahlersmeyer, Deutsche Bank analyst, joins 'The Exchange' to discuss the health of housing as housing starts fell to its lowest level since 2020 amid high mortgage rates.
PulteGroup's shares have nearly doubled over the past year, despite rising mortgage rates and cooling in the housing market. The company generated strong earnings and revenue growth, with higher sales
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