Why You Should Watch D.R. Horton

Cutout paper illustration representing scheme and Stocks inscription

Image Source: Pexels

Texas-based D.R. Horton (DHI) is the biggest homebuilder in the United States. They just turned in a stellar earnings report. Revenue is up by $1 billion, guidance suggests even better performance ahead, and all of this in a historically tight American housing market. The market… doesn’t care.

The stock experienced a classic “sell the news” dip today. But I think as traders we need to care - this is a massive player in a bellwether sector. So we’ll look at what happened, and dive even deeper into the key ratios of some other major homebuilders. Time to sort the weak from the strong ahead of upcoming earnings. Let’s get to it…

Video Length: 00:14:59

More By This Author:

Magnificent Tech Is On The Edge Of The Abyss
Why You Should Have The Courage To Buy This Dip
Five Indicators For Spotting A Market Bottom

Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.