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Saturday, February 20, 2010
jump to the original story in - Wall Street Journal:» Home Builders Are Back, Kinda
The good news continues rolling in for home builders, who hope they’ve hit bottom and are in recovery mode. But, as we’ve told you before, headwinds remain for the beleaguered sector. Bank of America Merrill Lynch started seven builders with a “buy” rating, a bullish view based “on an expectation of growth in 2010 driven by improving economic conditions.
Home Builders Are Back, Kinda