After 27% YTD Jump, Will Rate Cuts Push PulteGroup Stock to New Highs?

PulteGroup, Inc. (PHM) is gaining significant attention as markets anticipate a potential rate cut by the Federal Reserve in September. So far this year, the company’s shares have rallied 26.6%, demonstrating impressive resilience amid volatility and mixed industry data. This performance surpasses the Zacks Building Products - Home Builders industry’s 20.8% rise as well as the broader Construction sector's 13% increase and the Zacks S&P 500 Composite's 15.4% growth.This Atlanta, GA-based homebuilder has str ...