The following video is from Tuesday's Investor Beat, in which host Chris Hill and analysts Jason Moser and Matt Koppenheffer dissect the hardest-hitting investing stories of the day.
New-home sales hit their highest point in almost five years in May, rising 2.1% from the previous month. In other housing news, the Case-Shiller index of home prices in 10 major markets increased 1.8% in April. In this installment of Investor Beat, Matt and Jason discuss how investors should analyze the housing market and why bank stocks are the hidden winners.
Also, our analysts discuss why Barnes & Noble, Lennar, Carnival Cruise Line, and Sprint Nextel made big moves today, and why they'll be keeping a close eye on shares of Paychex and Nike this week.
