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Traders pick top housing stocks

January 25, 2017

Via: CNBC

The Fast Money traders stepped into the homebuilding space to determine which stocks to move into after the homebuilders indexjumped 3 percent Tuesday.

Trader Steve Grasso said he’s a fan of KB Home and Pulte.

Grasso said Pulte is the better pick of the two because shareholders can expect a nearly 25 percent return. He said the whole space is doing well as “millennials move out of their parents’ basements,” and demand increases.

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