Homebuilders Rise on a Shaky Foundation – BusinessWeek

Unlike much of the market, most of the homebuilder stocks have continued to rally this year, albeit bumpily, despite renewed concerns about the pace of economic recovery amid fear of contagion from the European sovereign debt morass. The rally is primarily due to the stronger-than-expected earnings that many of the companies have reported this season, which is giving investors some hope that these stocks will be good bets in 2010.

Homebuilders Rise on a Shaky Foundation – BusinessWeek.

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