Intriguing Peripheral Housing Plays
The recent bout of better-than-expected data from the housing sector has also goosed some real-estate-related companies.
One notable gainer since its public debut has been Nationstar Mortgage (NSM), a non-bank mortgage originator. The stock's March initial public offering was priced at $14, and it closed Wednesday at $26.40. That's off Friday's all-time high of $28.75, but still up 89% since the IPO....427 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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