March 14, 2013 at 18:19 PM EDT
Furniture Stocks Rebound As Home Sales Pick Up
Purchasing a new home usually requires an investment in furniture, including perhaps a bed or a sofa, and maybe some decorations. With housing sales on the rebound, some furniture stocks have been moving higher. The Household-Office Furniture industry group was ranked No. 31 out of IBD's 197 groups as of Thursday. That's up from No. 55 three weeks ago and No. 70 six weeks ago. La-Z-Boy (LZB), one of the top stocks in the group, gapped up and past
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