Earlier today, the National Association of Home Builders reported a 2 point decline in their Housing Market Index, back to its level from May of last year. Details revealed that traffic fell to its lowest levels in a year. Tomorrow, we get another read on the real estate market with Housing Starts scheduled to come out at 8:30 am and consensus numbers are expecting a drop there as well. Despite these numbers, housing stocks have been gaining.
With data from ThomsonReuters, we took a look at which stocks have mean consensus estimates farthest below their stock prices (as of market close on 3/9/10).
Long-term gains in the stock market should come from a belief that market fundamentals are improving, right?
There could be some investment opportunities from the swine flu outbreak, said Darin Richards, CIO of AKT Wealth Advisors.
Following are the day’s biggest winners and losers. Find out why shares of Visa and Caterpillar popped while Dollar Tree and Unilever dropped.
Following are the day’s biggest winners and losers. Find out why shares of Altria and Kraft popped while Harley-Davidson and US Steel dropped.
Following are the day’s biggest winners and losers. Find out why shares of Starwood Hotels and Dell popped while Hudson City Bank and Equity Residential dropped.
With all this news about Fannie, Freddie, Lehman, WaMu, and others, you might be asking yourself, are there any good banks out there. Here is a screen for stocks from the S&P Financials sector that are actually doing well for the year.
The week was a mixed bag of economic and market news, most of it on the negative side. Oil prices continued to hit record highs, the market officially entered bear territory and the European Central Bank socked it to the U.S. by raising rates a quarter-point. Despite all of this, CNBC guests found bright spots in steel, financials, tech and international stocks.
To give investors an edge in a holiday-shortened week of trading, CNBC asked the experts for their best trades now.
Yes, global real estate is slowing down. But 5-star manager Joe Rodriguez says that you can still profit -- if you "focus" on quality.
Stocks continue to seesaw on fresh recession worries. Cisco's weak outlook pushed tech stocks lower, while retail shares rallied despite poor January sales. In another volatile day in the markets, CNBC asked the experts where they would place their bets.
Steve Brown thinks the good news makes it a good time to invest in real estate investment trusts (REITs). So does the bad news. Brown's Neuberger Berman Real Estate Fund is up an average of 18.96 percent per year over the last five years. He offered CNBC his investment insights.
Takeover talk dominated today, as speculation that Archstone-Smith is in talks with Tishman spread across the market. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
The Dow climbed to a new record and the Nasdaq finished at a six year high as falling oil prices drove buyers into consumer, health care and technology stocks.