Check out the companies making headlines before the bell: Tesla (TSLA) – SEC filings show CEO Elon Musk sold nearly $4 billion in Tesla shares in the days following his purchase of Twitter. Tesla shares added 1.5% in the premarket. Meta Platforms (META) – The Facebook parent’s shares rallied 4.3% …
Read More »Homebuilders often outperform after weakness, KeyBanc double upgrades
It’s time to buy D.R. Horton, Lennar and other homebuilders as the housing market is due for a comeback, according to KeyBanc Capital Markets. Analyst Kenneth Zener double upgraded the homebuilding sector to overweight from underweight, saying history points to higher prices after declines this year, which came amid slowing …
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