Citigroup Inc. analysts expect a strong performance from homebuilder stocks over the next 30 days, topping the S&P 500 Index in that stretch.

A gauge of the shares rebounded 0.7% Friday, a day after slumping 5.2%, the most in a month, after hotter-than-forecast inflation data sent bond yields surging.

Citi analysts led by Anthony Pettinari say major single-day declines are historically attractive entry points for builders. Homebuilding stocks have only seen 55 instances of single-day declines of more than 5% since the global financial crisis, according to the firm.