Buying a home is tough right now, but buying a housing stock is easy. D.R. Horton shares, in particular, look attractive, Al Root writes in this week’s edition of Barron’s. D.R. Horton stock isn’t a bet on housing statistics one way or the other. It’s a bet on a company, one that has historically paid off handsomely for investors, with shares returning about 25% annually over the past 10 years, the author notes. A combination of cost management, ample inventory of starter homes, and reduced headwinds should keep those gains coming in the year ahead.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DHI:
- Unusually active option classes on open August 6th
- D.R. Horton files automatic mixed securities shelf
- D.R. Horton price target raised to $180 from $163 at JPMorgan
- D.R. Horton price target raised to $196 from $168 at BofA
- Stock Market News Today, 7/19/24 – Indices Fall as Investors Rotate out of Megacaps