This Bargain-Priced Homebuilder Stock Just Raised Its Guidance. Is It a Buy Now?
DHID.R. Horton(DHI) The Motley Fool·2024-04-21 23:07

D.R. Horton just delivered a rock-solid earnings report. Here's why the stock can keep moving higher. For those hoping for relief on the mortgage rate front, Fed Chair Jerome Powell had some bad news earlier this week. Powell, who had said in March that the central bank was still on track for three rate cuts this year, warned that inflation was not coming down as expected. He said that "Recent data have clearly not given us greater confidence" that inflation is coming down, and hinted once again that rates ...