Manufactured Housing Composite Outshines Indexes and Stocks

Better-than-expected earnings reports helped push U. S stocks to the plus column today as the S&P and Nasdaq made gains for the week. CNNMoney reports the Dow Jones Industrial Average nudged up +0.35 percent, +48.92 points, to end the day at 13,992.97. The Nasdaq gained +0.91 percent, +28.74, to close at 3,193.87, while the S&P edged up +0.57 percent, +8.54, to end at 1,517.93. The Yahoo! Finance Manufactured Housing Composite gained +3.07 percent to close at 1424.4. Housing stocks we track closed mixed or even with marginal gains and losses. Sun Communities gained the most of tracked stocks, moving up +1.58 percent, +0.68, to end the day at 43.76. Patrick Industries, Inc. fell the most of stocks we follow, dropping -0.26 percent, -0.04, to end the day at 15.35. Affiliated Managers Group 146.45 +0.20 (+0.14%). Cavco Industries 45.74 +0.48 (+1.07%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 146,734 +114. (+0.08%). Champion, Liberty Homes, Deer Valley and Palm Harbor continued unchanged. Drew Industries 37.38 +0.52 (+1.41%). Equity LifeStyle Properties 73.51 +0.71 (+0.98%). Louisiana Pacific Industries 20.45 -0.04 (-0.20%). Nobility Homes remained unchanged at 5.44. Skyline Corp. remained unchanged at 4.51. Third Avenue Value Fund (Feb. 7) 52.59 -0.03 (-0.06%). Universal Forest Products, Inc. 40.58. +0.43 (+1.08%). UMH 10.40 +0.05 (+0.48%).

(Graphic credit: CNNMoney and RealTick)

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