Finanzas: Strong home sales report sparks rally in housing-related names
Home improvement stocks and retailers tied to home purchasing are racing higher after an unexpectedly strong report on U.S. existing home sales was released by the National Association of Realtors this morning. Housing demand was strong despite higher prices and lower inventory.
-Home Depot (NYSE:HD) +1.70% to $130.40 vs. a 52-week trading range of $109.62 to $139.00.
-Lowe’s (NYSE:LOW) +2.52% to $71.15 vs. a 52-week trading range of $62.62 to $83.65.
-Lumber Liquidators (NYSE:LL) +7.64% to $18.32 vs. a 52-week trading range of $10.01 to $20.10.
-Tile Shop Holdings (NASDAQ:TTS) +1.03% to $3.91 vs. a 52-week trading range of $3.53 to $4.42.
-Restoration Hardware (NYSE:RH) +4.88% to $36.72 vs. a 52-week trading range of $24.75 to $94.88.
-Pier 1 Imports (NYSE:PIR) +2.57% to $6.00 vs. a 52-week trading range of $3.73 to $7.70.
-Bed Bath & Beyond (NASDAQ:BBBY) +1.69% to $45.60 vs. a 52-week trading range of $38.60 to $55.62.
-Haverty Furniture (NYSE:HVT) +1.87% to $21.75 vs. a 52-week trading range of $16.57 to $24.54.
-Williams-Sonoma (NYSE:WSM) +1.96% to $54.62 vs. a 52-week trading range of $45.96 to $65.42.
-Boise Cascade (NYSE:BCC) +3.95% to $22.35 vs. a 52-week trading range of $13.80 to $31.85.
Fuente: Seeking Alpha
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Procter & Gamble, el fabricante del detergente Ariel y de las rasuradoras Gillette, reportó este
Summary In this piece I decided to look at some recent news surrounding, and the