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Can Home Construction Keep Booming?

Published 02/18/2020, 04:33 AM
Updated 07/09/2023, 06:31 AM

Our Chief Equity Strategist and Economist, John Blank, says the Building Products-Retail industry, part of the home construction market, is hot right now. He’s here to tell us why.

1. So home construction is at a high, is that correct?

2. What’s driving this?

3. Didn’t I read that construction spending slipped two tenths of a percent in December? Is that an issue?

4. Do you expect the strength in home construction to continue through this year?

5. But this is a specific part of the home construction industry, Building Products-Retail. So, does that necessarily speak to the entire home construction market?

6. Is there a global impact here or just U.S.?

7. Do you see this strength spilling over to building products for commercial building?

8. Stocks you’re watching in this industry include, Lowe’s Companies (LOW), Builders FirstSource (BLDR) and BMC Stock Holdings (BMCH).

Chief Equity Strategist & Economist, John Blank, With John, I’m Terry Ruffolo.

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Lowe's Companies, Inc. (NYSE:LOW

BMC Stock Holdings, Inc. (BMCH): Free Stock Analysis Report
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Builders FirstSource, Inc. (BLDR): Free Stock Analysis Report

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