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'Mild Recession' To Hit Homebuilders, Auto Stocks In Second Half Of 2024, Analyst Says
Thursday, January 4, 2024 - 10:17am | 1070Equity markets have been in retreat so far in 2024 as investors take profits following the strong run in the fourth quarter. Sentiment has been driven by concerns that an economic slowdown could hit corporate earnings in the coming quarters. On Wednesday, early index futures trading appeared to...
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Cautious Analyst Note from Barclays & New Sales Data Drag Homebuilders Lower
Monday, January 27, 2014 - 2:45pm | 711On Monday, Stephen Kim, an analyst at Barclays, issued a research note on the U.S. building products and homebuilding sector. He concluded it will become increasingly difficult for investors to find value in the sector. “We believe the homebuilders' already high market shares and decelerating...