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Has This Homebuilding Stock Finally Bottomed Out?
PHMPulteGroup(PHM) Schaeffers Investment Research·2025-04-23 01:57

One of the sneaky-best exchange-traded funds (ETFs) today is homebuilder sector-based iShares U.S. Home Construction ETF (ITB), last seen up 3.3% to trade at 90.39.DoingmostoftheheavyliftingisPulteGroup,Inc.(NYSE:PHM),afterthehomebuilderreportedafirst−quarterearningsandrevenuebeat.CEOLarryMastrovichalsonotedthattheyexpecttariffstohavea190.39. Doing most of the heavy lifting is PulteGroup, Inc. (NYSE:PHM), after the homebuilder reported a first-quarter earnings and revenue beat. CEO Larry Mastrovich also noted that they expect tariffs to have a 1% impact on average sale price, with the hits coming by the fourth quarter.At last check, PHM was up 8.1% to trade at 100.68, on track for ...