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Housing Rebound Second Leg Seen in U.S. by Masco Bulls: EcoPulse

Shares of Masco Corp., maker of faucets and cabinets, are poised to beat the market as investors bet on rising sales of new and existing U.S. homes.

Housing-market turnover is the “macro variable that really drives Masco’s stock,” according to Walter Todd, who oversees about $950 million as chief investment officer at Greenwood Capital Associates in Greenwood, South Carolina. As a result, investors who are “positively inclined” about further improvements are considering shares of the Taylor, Michigan-based company, he said.