Housing Permit Data Boost Construction-Related Stocks
Much stronger-than-expected data on permits for new home construction rippled across companies that make items used to build houses.
Better-than-expected data on home prices and building permits aren’t just lifting the homebuilders. Companies that make the “stuff” that goes into a house are also rallying, everything from furniture to appliances to roofing shingles. Here are some names:
Home Construction-Related Stocks Rally