Stocks to Watch –Homebuilding, May 16, 2012

Home building stocks get a lift from a positive NAHB number this morning, as the sentiment reading for this month climbed to its highest level in five years. It's important to note however, that despite the improvement in starts, home building still remains well off normal levels. Anything above 50 suggests a positive view of home building conditions, and this index hasn't had a positive reading since April 2006. Toll Brothers (TOL +2.9%), KB Home (KBH +3.7%), Lennar (LEN +3.7%), Hovnanian (HOV +5%), D R Horton (DHI _3.5%), PulteGroup (PHM +1.8%) S&P Homebuilders ETF (XHB +1.5%).You can also check previous stocks to buy reports- Right Here 

Below these are the Home building stocks  of the day May 15, 2012

Home Building
Ticker    Company      Change
HOV    Hovnanian Enterprises Inc.    5.62%
SPF    Standard Pacific Corp.    5.33%
RYL    Ryland Group Inc.    5.25%
LEN    Lennar Corp.    4.65%
KBH    KB Home    4.31%
DHI    DR Horton Inc.    3.93%
MDC    MDC Holdings Inc.    3.85%
MTH    Meritage Homes Corporation    3.75%
MHO    M/I Homes, Inc.    3.17%
TOL    Toll Brothers Inc.    2.95%
PHM    PulteGroup, Inc.    2.51%
NVR    NVR Inc.    1.66%
BZH    Beazer Homes USA Inc.    1.09%
XIN    Xinyuan Real Estate Co., Ltd.    -0.57%
CHCI    Comstock Homebuilding Companies Inc.    -0.68%
AVHI    AV Homes, Inc    -3.09%
GFA    Gafisa S.A.    -4.09%

For the latest updates on the stock market, visit, 
http://daytradingstock-blog.blogspot.com/