(EMAILWIRE.COM, August 26, 2010 ) Dallas, Tx - Shares of Homebuilder stocks are bucking the downward trend and currently is the biggest sector gainer despite Sales of new homes in the United States fell to all-time record low in July, as demand from consumers has dried up after tax breaks for homebuyers expired in April, the Commerce Department estimated Wednesday.

To Subscribe to these free Stock Newsletter visit http://www.PennyStockPickAlert.com .

D.R. Horton, Inc. (NYSE:DHI) is the biggest gainer and climbed 3.91% to $10.36 after analysts at Ticonderoga Securities upgraded the stock to Buy and set a price target of $13. In a research note to clients, the firm said "We are upgrading our rating on DHI as we believe the fundamental outperformance of this company combined with an attractive equity entry point makes this story one of the most interesting in our universe.

KB Home (NYSE:KBH) surged 3.10% to $10.35 with over 3.61 million shares. So far this year, the stock has plunged over 25%. It has a 52-week range of $9.43-$20.70.
The median Wall Street price target on the stock is $16 and the high target is set at $20 with majority of analysts have a Hold rating on the company’s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $11.01 and $14.56 respectively.

Toll Brothers, Inc. (NYSE:TOL) climbed 4.70% to $16.95 after the returned to fiscal third-quarter profit fueled by ax benefits and fewer writedowns on land values.

The company earned $ $27.3 million, or 16 cents a share, from a loss of $472.3 million, or $2.93 , in the year-earlier quarter., topping the analysts estimates of 14 cents a share.
Revenue fell 1.50% to $454.2 million from $461.4 million in the same quarter last year, topped the wall street’s estimates of $395.32 million.
Toll Brothers, Inc. designs, builds, markets and arranges financing for single-family detached and attached homes in luxury residential communities.

PulteGroup, Inc. (NYSE:PHM) rose 1.91% to $7.99 with over 3.67 million shares. So far this year, the stock has plunged over 20%. It has a 52-week range of $7.70-$13.91.

Pulte Homes, Inc. (Pulte Homes) is a holding company whose subsidiaries engage in the homebuilding and financial services businesses. The Company’s direct subsidiaries include Pulte Diversified Companies, Inc., Del Webb Corporation (Del Webb).

ABOUT http://www.PennyStockPickAlert.com


Penny Stock Pick Alert offers stock newsletters on various hot stocks of the day. Our stock news on top stocks, small cap penny stocks and other stocks, help investors in making the wise stock market investments. Till date thousands of our subscribers have made huge gains using our daily penny stock alerts. You can become leader in stock market by keeping track of the daily activity.

Disclaimer:
The assembled information disseminated by PennyStockPickAlert.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. PennyStockPickAlert.com does expect that investors will buy and sell securities based on information assembled and presented in PennyStockPickAlert.com. PLEASE always do your own due diligence, and consult your financial advisor.

###
Press release distribution and press release services by EmailWire.Com:
http://www.emailwire.com/press_release_distribution_lists.php .

Contact Information:
PennyStockPickAlert.com
Robert Wilson
Tel: 214-556-6798
Email us


This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.