DHI-N
On Wednesday we'll see US home sales data, which he feels remain strong, but there isn't enough supply. Toll and DHI (DR Horton) are buys here to capitalize on this shortage.
Shares in US homebuilders have come off. Backup in interest rates is stalling demand for houses in US. Similar to auto market, in that once it starts to roll, it’s not something you want to trade over the short term.
Shares in US homebuilders have come off. Backup in interest rates is stalling demand for houses in US. Similar to auto market, in that once it starts to roll, it’s not something you want to trade over the short term.
(A Top Pick July 18/17 Up 19%). This is a leader in the home building space. He would still be a buyer here. There is a shortage of lots to build on and getting permit approvals. There are tons of buyers, just not enough properties to meet the demand.
(A Top Pick July 18/17 Up 19%). This is a leader in the home building space. He would still be a buyer here. There is a shortage of lots to build on and getting permit approvals. There are tons of buyers, just not enough properties to meet the demand.
The largest homebuilder in the world. They operate in 27 states and have $12 billion in revenue. New home sales are growing at greater than 10% in the majority of US states. The inventory of new homes going back to 1988, is just off the lows. The problem has been not enough homes. This company sells into the entry level buyer, and the millennials are just starting to buy homes. If there is a prolonged, economic, slow expansion, there is a pent-up demand for new homes. Dividend yield of 1.1%. (Analysts’ price target is $38.)
The largest homebuilder in the world. They operate in 27 states and have $12 billion in revenue. New home sales are growing at greater than 10% in the majority of US states. The inventory of new homes going back to 1988, is just off the lows. The problem has been not enough homes. This company sells into the entry level buyer, and the millennials are just starting to buy homes. If there is a prolonged, economic, slow expansion, there is a pent-up demand for new homes. Dividend yield of 1.1%. (Analysts’ price target is $38.)
He did extremely well with the homebuilders back 10-12 years ago and was fortunate enough to get out of these by 2005-2006. They’re now starting to hit his screens again and are interesting situations. It is a volatile environment, but, if you can put up with a little bit of volatility, this would not be a bad idea. His favourite in the group is Ryland Group (RYL-N). From a valuation and exposure standpoint, they are the best positioned.
He did extremely well with the homebuilders back 10-12 years ago and was fortunate enough to get out of these by 2005-2006. They’re now starting to hit his screens again and are interesting situations. It is a volatile environment, but, if you can put up with a little bit of volatility, this would not be a bad idea. His favourite in the group is Ryland Group (RYL-N). From a valuation and exposure standpoint, they are the best positioned.
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
D R Horton Inc. is a American stock, trading under the symbol DHI-N on the New York Stock Exchange (DHI). It is usually referred to as NYSE:DHI or DHI-N
In the last year, 1 stock analyst published opinions about DHI-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for D R Horton Inc..
D R Horton Inc. was recommended as a Top Pick by Jim Cramer - Mad Money on 2020-09-25. Read the latest stock experts ratings for D R Horton Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered D R Horton Inc. In the last year. It is a trending stock that is worth watching.
On 2020-11-23, D R Horton Inc. (DHI-N) stock closed at a price of $77.28.
On Wednesday we'll see US home sales data, which he feels remain strong, but there isn't enough supply. Toll and DHI (DR Horton) are buys here to capitalize on this shortage.