The following video is from today's MarketFoolery podcast, in which host Chris Hill, along with Jim Gillies and Joe Magyer, discuss the latest business news. One of the big economic stories of the day was that housing starts in June rose nearly 7%, the highest in four years. Perhaps it's no surprise, then, that homebuilding stocks like Toll Brothers, DR Horton, and KB Home are all up around 50% year to date. In this segment, the guys analyze what the housing news means for investors. If investors believe the housing rebound is here to stay, what's the best way to play it? The guys share why they believe Waste Management and NVR are stocks worth a second look.
Waste Management has a dividend yield of 4.35%, but the stock isn't dirt cheap. For investors seeking dividend-paying stocks trading at bargain-basement prices, just check out The Motley Fool's free report "2 Dirt Cheap Stocks With HUGE Dividends." You can get analysis of a market leader in payment systems and a high-yielding energy company by accessing this report. It won't be available forever, so simply click here -- it's free.
The article 2 Surprising Stocks for the Housing Rebound originally appeared on Fool.com.
Chris Hillowns no shares of any of the companies mentioned. The Motley Fool owns shares of Waste Management.Motley Fool newsletter serviceshave recommended buying shares of Waste Management and creating a write covered strangle position in Waste Management. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. Try any of our Foolish newsletter servicesfree for 30 days. The Motley Fool has adisclosure policy.
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