How Should Investors Play Housing Turnaround Stocks?
While the building sector leads the current market, many stocks in the sector are turnaround stories. What does IBD say about playing such stocks? William O'Neil's "How to Make Money in Stocks" offers this advice: "Should you decide to buy a turnaround stock, look for annual earnings growth of at least 5% to 10% and two straight quarters of sharp earnings recovery that lift results for the latest 12 months into or very near new high ground. Check