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DHI LATEST HEADLINES
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.
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).
D.R. Horton, Inc. NYSE: DHI is the largest homebuilder in the United States. D.R. Horton's stock has been on a tear recently, with its stock price hitting a new 52-week high following a better-than-expected earnings announcement.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Boris Schlossberg, BK Asset Management managing director, joins 'Power Lunch' to discuss stock plays for three stocks: D.R. Horton, JPMorgan and Gold