(Homebuilder stocks earnings article updated with Hovnanian Enterprises results.)NEW YORK ( TheStreet) -- Homebuilders have been under pressure for some time as the housing market continues to struggle to regain its footing.
The housing sector is marching on, pulling the economy along.
S&P Global equity chief investment officer Erin Gibbs, and Manhattan Venture Partners chief economist Maxx Wolff joined Tuesday afternoon's 'Power Lunch' to discuss the SPDR S&P Homebuilders ETF(XHB).
Don't be scared to buy stocks. HCWE Worldwide Economics has 99% confidence that both large and mid-cap equities will gain over the next year, according to a July report.