Housing-Related Winners of 2012
After Wednesday's monster fiscal-cliff-deal rally, homebuilders and related industries confirmed their 2012 strength.
For much of 2012 I focused on smaller names that led the sub-sector in terms of price performance. I also screened for fundamentals because, over the longer term, that's what drives price appreciation. Mortgage-related companies such as Ellie Mae (ELLI) and Nationstar Mortgage (NSM) were big 2012 gainers until they began to falter in October. Small-cap Ellie Mae cleared a consolidation in Wednesday's rally, while mid-cap Nationstar still has work to do before regaining its October high of $37.20. Lumber Liquidators (LL) is another small-cap, housing-related name that notched big gains through October. This stock is also currently consolidating below its prior high....375 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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