Homebuilder ETF outperforms S&P 500, industry’s stocks still ‘cheap’ in 2023 market rally
June 27, 2023 at 15:33 PM EDT
Homebuilder stocks are relatively “cheap” even after surging this year, and represent a pocket of the U.S. equities-market rally that extends beyond the Big Tech sector as a recession does not appear imminent, according to DataTrek Research.
