Housing Continues Its Upward Trend
The following video is from Tuesday's installment of the Motley Fool Financials Show, in which analysts Matt Koppenheffer and David Hanson highlight for investors the most important stock news from the financial sector.
Housing numbers were released today, and while housing starts and housing permits both missed expectations, the trends were still upwards. In this segment, David tells investors which of the major banks stand to benefit the most from the continuing housing recovery.
With the American markets reaching new highs, investors and pundits alike are skeptical about future growth. They shouldn't be. Many global regions are still stuck in neutral, and their resurgence could result in windfall profits for select companies. A recent Motley Fool report, "3 Strong Buys for a Global Economic Recovery" outlines three companies that could take off when the global economy gains steam. Click here to read the full report!
The relevant video segment can be found between 1:20 and 1:55.
The article Housing Continues Its Upward Trend originally appeared on Fool.com.David Hanson owns shares of JPMorgan Chase. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Wells Fargo. It also owns shares of JPMorgan Chase. 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.
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