Stock price when the opinion was issued
They reported weak numbers last Thursday, in a big top and bottom line miss. Revenue shrunk 15% with EPS -20% YOY. Shocking. They slashed full-year guidance. Are effected by a worried, cautious consumer in this economy. That said, shares actually gained last Thursday, because of a few positive numbers, like a low cancellation rate. They will buy back $4 billion of shares. Bottom line: It's dangerous to buy anything connected to housing.
A decade-long theme, not short term is in housing, if interest rates fall from 6.7% to 5.5% (likely in 2025). She likes DR Horton, but it's up 87% the past year, though is cheap now and gross margins are good.