If you're looking for one sector that's crushing the market this year, you don't have to look much further than homebuilders. With interest rates sitting near record lows and the supply/demand imbalance moving toward more normalized levels, the sector appears to have worked through most of the difficulties that have plagued it in recent years. While many homebuilders are among the top consumer stocks of the year, PulteGroup stands out among them all. Helped by its latest quarter's performance, including a 32% increase in new orders and an 8% improvement in average selling price, the stock has risen about 115% so far in 2012. In the following video, Brenton and Austin discuss the rise of the homebuilder in more detail.
As Austin mentions in the video below, homebuilders and financials have been shunned by many investors over the past few years. With so many of the big finance firms getting bad press these days you may be inclined to stay away from the sector entirely, but that could be a huge mistake. In fact some of the best opportunities over the next few years can be found there, including one small, under-the-radar bank. It’s been called one of The Stocks Only the Smartest Investors Are Buying. You can learn about it, and more, in our exclusive free report. Just click here to keep reading.
Austin Smith has no positions in the stocks mentioned above. Brenton Flynn has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.