DHI — 3 entries on this page, 0 of them a change of direction.
DR Horton and Toll Brothers, you can see there is no real reason to buy these stocks, unless you plan to hold these homebuilder stocks for a long time and you are an investor who sees value in it.
So, if you're a short-term trader, this isn't something you'd look at.
We have a stock like uh Dr. Horton here, which is actually trading at a very interesting level, which I wanted to kind of call out here. If you're looking at the three-year weekly chart, it's trading at its 200 week moving average.
Now, interest rates are higher. Yes, they've had some disappointing earnings announcements, but there are certain products when it comes to new home builders and even existing home builders, existing home uh re remodels, if you will, uh that could be a slight tailwind and that could be actually lower prices for input goods in some respects like lumber, which has seen a dramatic drop to the downside.
Dr. Horton Q3 earnings report 824.
Dr. Horton. This is their income statement. So this is for the three months ending June. This is buy season. This is 9.2 billion in revenue. So did he just multiply this by four?
Because their last nine months is at 23 billion which is closer to 30 billion in revenues.
