D.R. Horton is the largest U.S. homebuilder, and the stock has been hitting all-time highs. The company increased its market share in an industry that outpaced the overall housing sector.
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D.R. Horton, Inc. DHI shares crafted a new 52-week high of $193.63 on Aug. 6, 2024. The stock pulled back to end the trading session at $189.06.
Jessica Inskip, Stockbroker.com director of investor research, joins 'Power Lunch' to discuss options for D.R. Horton.
A housing shortage has supercharged the financial performance of large single-family homebuilders in the U.S. as the industry consolidates.
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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.
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