Market Overview

Homebuilding Stocks To Watch Following KB Home's Q4 Results

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Traders will want to watch homebuilding stocks following the Q4 results of KB Home (NYSE: KBH).

KB Home spiked up in early trading only to fall more than 8 percent later in Tuesday morning's trading session.

The SPDR S&P Homebuilders (ETF) (NYSE: XHB) was higher Tuesday and recently traded at $35.48, up 1.1 percent.

Other names trading higher Tuesday included Hovnanian Enterprises, Inc. (NYSE: HOV), Lennar Corporation (NYSE: LEN), D.R. Horton, Inc. (NYSE: DHI) and PulteGroup, Inc. (NYSE: PHM).

KB Home recently traded at $15.13, down 8.7 percent.

Posted-In: News Intraday Update Trading Ideas

 

Related Articles (DHI + HOV)

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