News
KB Home Price Weakness is a Signal to Buy this Cash Machine
KB Home (NYSE: KBH) is selling off on a narrowing margin and FOMC hawkishness, but don't be fooled. The sell-off has shares down 16% from their highs, and they may go lower, but this is good news
These 3 Homebuilders Have Robust Cash Flow To Drive Their Rallies
This year, it has been easy to be a contrarian about the homebuilders (NYSEARCA: XHB). The stocks are rallying on strength, driven by a rapidly diminishing backlog with an outlook that includes a
KB Home Hits Peak: Pullback Imminent
KB Home (NYSE: KBH) reported a solid quarter and raised guidance, but the news may not be enough to keep the market moving higher. While better than expected, the results and guidance point to a
Homebuilding Stocks Defying Cooling Housing Market: Time to Sell?
Despite rising mortgage rates and a slightly cooling housing market, homebuilding stocks like Lennar (NYSE: LEN) and KB Homes (NYSE: KBH) are ripping higher and outperforming the S&P 500.
The
3 Late-Season Earnings Plays for Mid-Cap Traders
As June rolls around, amusement parks and beachside cabanas are getting worked into the budgets of vacation-hungry Americans. For U.S. stock traders, summer’s kickoff coincides with the conclusion
Hyku Biosciences Launches With $56M to Advance its Covalent Medicines Platform to Expand the Boundaries of Drug Discovery
- An innovative covalent platform for precision targeting of disease-causing proteins
- Seed financing led by RA Capital Management, Droia Ventures, and Novartis Venture
KB Home Constructs Bullish Price Action As Wider Industry Thrives
Key Points
- High interest rates are keeping homeowners in place, boosting homebuilders’ stocks.
- KB Home, a Los Angeles-based midcap, shows potential for further gains as it consolidates in a