CFRA analyst Kenneth Leon believes the fact that home orders are not breaking new highs amid a strong economy could lead to lower revenue growth for homebuilders in the second half of 2018 and 2019. However, D.R. Horton (DHI), due to its more diversified offerings and geographical markets, could flourish. Homebuilder stocks were the top market group in 2017, nearly doubling in value.
Source: Investor’s Business Daily