- Homebuilder stocks are showing up as top picks on popular value screens, with huge projected earnings growth and rock-bottom valuations.
- Despite this, homebuilder stocks are at or near bear market territory since the start of the year.
- This is a fascinating contradiction between a housing market that seems invincible and a skeptical stock market pricing a correction in housing.
- Who is right? Families panic-buying homes or institutional investors dumping homebuilders?
- This is probably the most interesting yet under-the-radar story of the year.
For further details see:
The Housing Market Is Booming But Homebuilder Stocks Are Getting Crushed