The homebuilder's second-quarter earnings handily exceed analysts' forecasts amid a revival in demand for new homes.
Builders started 1.269 million new home-construction projects during May, the Census Bureau says, down from the prior month's 1.29 million. But the figure for housing starts still exceeded Wall Street expectations for 1.245 million new projects in May.
Stephens turns bullish on real estate broker Redfin, upgrading the stock to overweight from underweight.
Investing in real estate can mean dozens of different things. Here's what to know about how to invest while buying property and how to invest without buying property.
Buy Toll Brothers on weakness to its semiannual value level at $36.79. The luxury builder reports after the close on May 21.
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