The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
D.R. Horton should have both near-term and long-term catalysts. Energy Transfer's distribution gives it a big advantage in generating attractive total returns.
Homebuilders, including D.R. Horton, have been some of the best-performing stocks despite being perceived as uninvestable. D.R. Horton's unique business model and scale advantage have positioned it for long-term growth and market share gains. With a target of 10% unit count growth, D.R. Horton is expected to continue growing at a double-digit pace, making it a 'Buy' with a price target of $196 a share.
With the next Federal Reserve decision looming, identifying stocks to buy before the next Fed decision is vital to optimizing portfolios. Learning a company's fundamentals is also vital as it reveals its financial health, strategic initiatives, and market positioning.
Homebuilder D.R. Horton, Inc. (DHI) stands out among its industry peers.
Tech is taking a backseat lately, pulling the major averages lower while other pockets of the market flourish amid a stronger-than-expected economic backdrop.
Our theme of Housing Stocks, which includes the stocks of home improvement players, building supply companies, and home builders including DR Horton and Pulte Group has gained about 16% year-to-date. This compares to the S&P 500, which has gained almost 15% over the same period.
Homebuilding stocks -- hypersensitive to rates and the U.S. economy -- are on the rise as investors rotate away from growth stocks into cyclicals due to increased prospects of an interest rate cut in September.
I recommend a hold rating for D.R. Horton Inc. due to unattractive valuation. Positive outlook for business, benefiting from high mortgage rates driving demand for new homes. Downside risk comes from potential aggressive rate cuts, which is negative for DHI demand.
Does D.R. Horton (DHI) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here is how D.R. Horton (DHI) and KB Home (KBH) have performed compared to their sector so far this year.
D.R. Horton (DHI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).