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Increasing Lumber Prices To Have Minimal Impact on Homebuilder Stocks: CNBC (TOL)
Tuesday, February 23, 2010 - 8:55amLumber prices have seen a constant increase in the recent past. David Goldberg, building, and building products analyst, shared his views about the impact of price increase on the homebuilders’ stocks in an interview with CNBC. According to Goldberg, homebuilders have passed the increase in...
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Homebuilding Shares (XHB) On The Rise
Monday, February 8, 2010 - 2:15pmThe shares of home building companies were up today as the market waited on quarterly results from Pulte Homes Inc. (NYSE: PHM). Pulte Homes Inc. shares were up nearly 5%, while the SPDR S&P Homebuilders (NYSE: XHB) exchange traded fund was up nearly 3%. According to a poll of analysts...
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Builder Stocks Seem Bullish: Buy Toll Brothers (TOL)
Wednesday, January 27, 2010 - 7:30amAccording to David Goldberg, building & building products analyst with UBS, home prices are expected to stabilize in line with the improvement in the overall economy. Talking with CNBC, he said that the first half of the year is likely to see uneven housing data. Sharing his investment...
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