Employees work in the roof assembly area of the Blueprint Robotics facility in Baltimore, Maryland, ... [+] U.S., on Tuesday, April 10, 2017. Major individual homebuilding stocks like LGI Homes (up 18.2%), Toll Brothers (up 24.3%), DR Horton (up 14.9%), Lennar (up 13.1%) and KB Homes (up 27.6%) have delivered outsized gains year-to-date. Reichardt also says that as the pandemic wanes, consumers may choose to purchase other big-ticket items – like vacations – instead of homes. Within the homebuilding sector, Reichardt is bullish on DR Horton, Taylor Morrison and Pulte Group. Key BackgroundA confluence of factors has contributed to a flourishing housing market that has benefitted homebuilding companies.
Source: Forbes March 08, 2021 19:41 UTC