PulteGroup, Inc. (NYSE: PHM) stock pulled back like most other stocks during the most recent broad market sell-off. The difference in Pulte, however, is that the pullback may have been the completion of an intermediate-term downside correction.
PulteGroup (NYSE:PHM) will post its Q314 quarterly earnings results on Thursday, October 23rd. Analysts expect PulteGroup to post earnings of $0.36 per share and revenue of $1.58 billion for the quarter.
"We rate PULTEGROUP INC (PHM) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover.