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PulteGroup, Inc. Message Board

  • steve222261 steve222261 Mar 7, 2013 10:08 AM Flag

    Since January 30

    Phm is down well over a dollar. All in a booming market and nothing but good news in the sector, All the home builders are down since then. I do not get it

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    • There was a lot of rotation out of the home builders into financials, the thought there was that the home builders were over bought and the financials are the next in line to benefit from the housing boom as more people take on mortgages. Just like Cramer is now hot on a mortgage insurance company. For me, I still like the home builders as a play on housing because of the reduced competition and the increased margins.

 
PHM
22.44+0.42(+1.91%)Mar 30 4:00 PMEDT