Economic Outlook - The World Economic Symposium in Jackson Hole, WY, is a key event where global economic leaders discuss pressing issues and forecasts for the remainder of the year [1] - Pre-market futures indicate a positive sentiment in the stock market, with the Dow up 175 points (+0.43%), Nasdaq up 162 points (+0.83%), S&P 500 up 0.56%, and Russell 2000 up 0.50% [1] Interest Rates and Bond Yields - Current bond yields show the 10-year at 3.837% and the 2-year at 3.996%, with expectations of potential inversion if the Fed cuts rates at the upcoming meeting [2] - Historical context indicates that interest rates above 5% are rare, with significant cuts typically being 50 basis points during major economic crises [3] Federal Reserve Actions - The expectation is for a 25 basis point cut in rates rather than a 50 basis point cut, reflecting a cautious approach by Fed Chair Jerome Powell [4] - Upcoming economic indicators, including Personal Consumption Expenditures (PCE) and Consumer Price Inflation (CPI), will be critical in shaping the Fed's decisions [4][5] Labor Market Insights - The labor market's performance is crucial for the Fed's dual mandate of controlling inflation and achieving full employment, with job creation numbers being closely monitored [5] - If job creation remains in the 150-175K range or lower, the likelihood of a 50 basis point cut increases [5] Housing Market Update - New Home Sales for July are expected to rise to 620K, indicating a slight improvement from previous lows, although still considered weak [6] - A significant recovery in both new and existing home sales is anticipated once interest rates decline, which would lower mortgage rates and stimulate the economy [6]

Core Viewpoint - Investors in the Building Products - Home Builders sector should consider KB Home (KBH) and Persimmon Plc (PSMMY) for potential value investment opportunities, with KBH currently appearing more attractive based on various metrics [1]. Group 1: Zacks Rank and Earnings Estimates - KBH has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while PSMMY has a Zacks Rank of 3 (Hold), suggesting a less favorable earnings estimate revision trend [1]. - The Zacks Rank system emphasizes companies with strong earnings estimate revisions, making KBH a more appealing option for value investors [1]. Group 2: Valuation Metrics - KBH has a forward P/E ratio of 9.46, significantly lower than PSMMY's forward P/E of 20.42, indicating that KBH may be undervalued relative to PSMMY [2]. - The PEG ratio for KBH is 0.80, compared to PSMMY's PEG ratio of 1.44, suggesting that KBH offers better value when considering expected earnings growth [2]. - KBH's P/B ratio is 1.49, while PSMMY's P/B ratio is 1.64, further supporting the notion that KBH is more attractively valued [2]. Group 3: Overall Value Grades - KBH has received a Value grade of A, while PSMMY has a Value grade of C, indicating that KBH is viewed more favorably in terms of value metrics [3]. - The combination of Zacks Rank and Style Scores positions KBH as the better option for value investors at this time [3].

KB Home (KBH) closed the latest trading day at $79.92, indicating a +1.05% change from the previous session's end. This move lagged the S&P 500's daily gain of 1.61%. Meanwhile, the Dow experienced a rise of 1.39%, and the technology-dominated Nasdaq saw an increase of 2.34%.The homebuilder's stock has dropped by 2.02% in the past month, falling short of the Construction sector's gain of 2.06% and outpacing the S&P 500's loss of 2.88%.The upcoming earnings release of KB Home will be of great interest to inv ...

KB Home (KBH) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, KBH broke through the 20-day moving average, which suggests a short-term bullish trend.The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages.Similar to ot ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, August 6th:  Pilgrim's Pride (PPC) : This company which is engaged in the processing, production, marketing and distribution of frozen, fresh as well as value-added chicken products, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 27.1% over the last 60 days.Pilgrim's Pride's has a price-to-earnings ratio (P/E) of 9.04 compared wit ...

KB Home (KBH) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors ...

KB Home (KBH) closed the most recent trading day at $85.03, moving +1.52% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.08%. At the same time, the Dow lost 0.12%, and the tech-heavy Nasdaq gained 0.07%.The homebuilder's stock has climbed by 19.35% in the past month, exceeding the Construction sector's gain of 10.96% and the S&P 500's loss of 0.21%.The investment community will be paying close attention to the earnings performance of KB Home in its upcoming release. On t ...

Investors with an interest in Building Products - Home Builders stocks have likely encountered both KB Home (KBH) and NVR (NVR) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy that ta ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What a ...