Traders See Upside for Homebuilders ETF

Harsh winter conditions that pummeled the U.S. Midwest and East Coast along with some tepid economic data points sent the SPDR S&P Homebuilders ETF (NYSEArca: XHB) to a first-quarter loss of 1.6%. Now, some traders see the $2 billion ETF as a potential rebound candidate. With XHB heading for...
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