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KB Home (KBH) Shows Strength: Stock Adds 5.4% in Session

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KB Home (KBH - Free Report) was a big mover last session, as the company saw its shares rise over 5% on the day. The move came after the company reported stellar second-quarter fiscal 2017 results on solid housing fundamentals. The results beat Wall Street expectations. This led to far far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 13% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

KB Home currently carries a Zacks Rank #2 (Buy).

KB Home Price

 

KB Home Price | KB Home Quote

Another stock worth considering from the Building Products - Home Builders space is Lyon William Homes , carrying a Zacks Rank #2. You can see  the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is KBH going up? Or down? Predict to see what others think: Up or Down

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