Homebuilders Downgraded......OKAY...
Just can't imagine how anyone would want to own them in the first place
Shares of D.R. Horton Inc. (NYSE:DHI) and Centex Corp. (NYSE:CTX) were both down more than 4% Tuesday morning after Credit Suisse downgraded the home-builder stocks. "Our concern about the selling environment is not that buyers aren't looking for homes, but that they will continue to gravitate to foreclosures and bypass the new-home premium," analyst Dan Oppenheim wrote in a research note. D.R. Horton was cut to underperform from neutral, while Centex fell to neutral from outperform.
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