Recent news has demonstrated that the homebuilding company
D.R. Horton (DHI) is experiencing a turbulent period. Investors of varied entities, including Central Bank & Trust Co., Cwm LLC, and even HighPoint Advisor Group LLC among others, have either increased or reduced their positions in D.R. Horton based on market conditions. Notably, some sources have praised DHI as a
strong momentum and resilient investment, despite the recent market strain. DHI saw a significant 45% surge in the past six months and even hit a 52-week high, demonstrating significant market performance. Despite a slowdown projected for H2-2024, the company's current strength is anticipated to be temporary. DHI also reported Q1 2024 earning beats amid a limited home supply boosting sales and profits. Oracle, D.R. Horton, were mentioned as 'Top Stock Movers.' There is also mention of DHI's resistance to the trend of rising rates and interest topping in the mortgage industry, with the homebuilder stocks considered for investment.
D R Horton DHI News Analytics from Tue, 07 Nov 2023 08:00:00 GMT to Sun, 23 Jun 2024 05:03:28 GMT -
