Shares of building companies and homebuilders are trading higher after store sales of building material and garden supplies rose 1.4% in June.
Portfolio Pulse from Benzinga Newsdesk
Shares of building companies and homebuilders are trading higher after store sales of building material and garden supplies rose 1.4% in June.
July 16, 2024 | 4:16 pm
News sentiment analysis
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POSITIVE IMPACT
Builders FirstSource (BLDR) shares are likely to rise due to increased sales of building materials and garden supplies.
Increased sales of building materials directly benefit Builders FirstSource, a major supplier in the industry.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
D.R. Horton (DHI) shares are likely to rise due to increased sales of building materials and garden supplies.
As a leading homebuilder, D.R. Horton benefits from increased sales of building materials.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Floor & Decor (FND) shares are likely to rise due to increased sales of building materials and garden supplies.
Floor & Decor, a retailer of hard surface flooring, benefits from increased sales of building materials.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Home Depot (HD) shares are likely to rise due to increased sales of building materials and garden supplies.
Home Depot, a major retailer of building materials and garden supplies, directly benefits from increased sales.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Installed Building Products (IBP) shares are likely to rise due to increased sales of building materials and garden supplies.
Installed Building Products, a leading installer of insulation and complementary building products, benefits from increased sales.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Lennar (LEN) shares are likely to rise due to increased sales of building materials and garden supplies.
Lennar, a leading homebuilder, benefits from increased sales of building materials.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Lennar Class B (LEN/B) shares are likely to rise due to increased sales of building materials and garden supplies.
Lennar Class B shares, representing the same company as Lennar, benefit from increased sales of building materials.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
M/I Homes (MHO) shares are likely to rise due to increased sales of building materials and garden supplies.
M/I Homes, a homebuilder, benefits from increased sales of building materials.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Toll Brothers (TOL) shares are likely to rise due to increased sales of building materials and garden supplies.
Toll Brothers, a luxury homebuilder, benefits from increased sales of building materials.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Tri Pointe Homes (TPH) shares are likely to rise due to increased sales of building materials and garden supplies.
Tri Pointe Homes, a homebuilder, benefits from increased sales of building materials.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80