Nailed It: Builders, Home Depot Up On Housing Data

Homebuilders and home improvement stocks are rallying in the stock market today as July housing starts reached a nearly eight-year high. On top of that positive data, Home Depot (HD) reported view-topping second-quarter sales and earnings, and raised its full-year forecast -- reflecting an improving housing market. Shares rose 2.2% in big volume to hit a new all-time high. The stock is still trading in buy range from a flat base with a 118.09 buy

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