Homebuilder Giants Lennar, PulteGroup Hit New 52-Week Highs As Rate Cut Closes In - Lennar ( NYSE:LEN ) , PulteGroup ( NYSE:PHM )
Homebuilder stocks are hitting new highs as anticipation builds ahead of the Federal Reserve's upcoming rate cut decision. Both Lennar Corp LEN and PulteGroup, Inc. PHM surged to 52-week highs on Sept. 18, with Lennar reaching $190.12 and PulteGroup hitting $141.43.
| Ticker |
Sentiment |
Impact |
|
BAC
|
Neutral
|
10 %
|
|
LEN
|
Somewhat Bullish
|
48 %
|
|
PHM
|
Neutral
|
48 %
|
