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PHM

PulteGroup (PHM) Surges: Stock Moves 7.3% Higher

PulteGroup, Inc.PHM was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 12.8% in the past one-month time frame.

The move came after the company reported better-than-expected third-quarter 2018 results.

The company has seen estimate revision of just one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

PulteGroup currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.

PulteGroup, Inc. Price

PulteGroup, Inc. Price | PulteGroup, Inc. Quote

A better-ranked stock in the Construction sector is Continental Building Products, Inc. CBPX , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .

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Continental Building Products, Inc. (CBPX): Free Stock Analysis Report

PulteGroup, Inc. (PHM): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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