Stocks End Week on a High Note

Wall Street Via WikipediaStocks ended the week higher and the Yahoo Finance Manufactured Housing Composite Index gained nearly three percent. The gain was recorded in energy stocks which offset a report showing purchases of new homes unexpectedly fell.

Stocks related to the manufactured housing industry that ended the week on the upside include Affiliated Managers Group, up .28 cents (.25 percent) to $110.76; Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway added $701.00 (.58 percent) to close at $122,180; Cavco Industries added $1.53 (3.40 percent making it the day’s biggest gainer) to $46.51; Drew Industries added .40 (1.54 percent) to close at $26.33; Equity Lifestyle Properties added .19 cents (.28 percent) to $68.06; Skyline Corp. added .08 cents (1.13 percent) to $7.41; Sun Communities added .01 (.02 percent) to $42.95 and UMH Properties added .13 cents (1.29 percent) to $10.23.

Losing ground Friday were Louisianna Pacific Corporation down .33 cents (3.39 percent) to $9.40; Patrick Industries, down .02 cents (.19 percent) to $10.62; Third Avenue Value Fund, down .41 (.89 percent) to $45.87; Universal Forest Products, down .56 cents (1.63 percent) to $33.90 and Walker and Dunlop, down .06 (.48 percent) to $12.49.

Stocks remaining unchanged Friday include Champion, Deer Valley, Liberty Homes and Palm Harbor Homes.

(Image Credit: Wikipedia)

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