D.R. Horton Stock Soars to New Peak. Here's Why I'm Doubling Down
D.R. Horton(DHI) The Motley Fool·2024-09-03 18:00
This housing stock is positioned to build on years of impressive results.With the prospect of lower interest rates ahead, housing stocks are looking up. One beneficiary has been D.R. Horton (DHI 1.02%), which recently saw its shares hit an all-time high. The largest U.S. homebuilder has enjoyed two months of momentum after impressive earnings results and encouraging macroeconomic data.Some investors might think about selling after the recent gains, but there's still plenty to love about this homebuilder. He ...