January 22, 2013 at 16:50 PM EST
Several Construction, Mortgage Stocks Near New Highs
Stocks from the real estate sector keep showing up in the Stock Spotlight, continuing a trend from last year. Several construction and mortgage stocks are near new highs, reflecting the moderately improving health of the housing market. Ryland (RYL) made a new high Friday, and its chart has displayed solid form since a breakout on Dec. 18. Shares of the Westlake Village, Calif.-based homebuilder are now extended from the 35.94 buy point. Analysts
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