DR Horton Inc (DHI): Today's Featured Industrial Goods Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day up 0.3%. By the end of trading, DR Horton rose $0.49 (2.3%) to $22.19 on average volume. Throughout the day, 9,111,653 shares of DR Horton exchanged hands as compared to its average daily volume of 7,197,700 shares. The stock ranged in a price between $21.20-$22.25 after having opened the day at $21.63 as compared to the previous trading day's close of $21.70. Other companies within the Industrial Goods sector that increased today were:
(
), up 22.0%,
(
), up 14.1%,
(
), up 9.7% and
(
), up 7.2%.
D.R. Horton, Inc. operates as a homebuilding company. The company engages in the acquisition and development of land; and construction and sale of residential homes in 26 states and 77 markets in the United States primarily under the D.R. Horton, America's Builder name. DR Horton has a market cap of $7.0 billion and is part of the materials & construction industry. Shares are up 9.7% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate DR Horton a buy, 1 analyst rates it a sell, and 7 rate it a hold.
TheStreet Ratings rates
DR Horton
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full DR Horton Ratings Report.
On the negative front,
(
), down 8.6%,
(
), down 7.9%,
(
), down 7.1% and
China Advanced Construction Materials Group
(
), down 6.7%.
- Use our industrial goods section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider
(
) while those bearish on the industrial goods sector could consider
(
).
- Find other investment ideas from our top rated ETFs lists.
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