DR Horton Inc (DHI): Today's Featured Industrial Goods Laggard

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.

DR Horton ( DHI) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day down 0.2%. By the end of trading, DR Horton fell $0.36 (-1.8%) to $19.63 on light volume. Throughout the day, 4,525,160 shares of DR Horton exchanged hands as compared to its average daily volume of 7,892,200 shares. The stock ranged in price between $19.57-$20.02 after having opened the day at $19.82 as compared to the previous trading day's close of $19.99. Other companies within the Industrial Goods sector that declined today were: MagneGas Corporation ( MNGA), down 12.1%, Zoltek Companies ( ZOLT), down 9.8%, India Globalization Capital ( IGC), down 8.3% and China Recycling Energy Corporation ( CREG), down 5.1%.

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 $6.5 billion and is part of the materials & construction industry. Shares are up 1.4% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate DR Horton a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates DR Horton as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Wowjoint Holdings ( BWOW), up 25.8%, China Valves Technology ( CVVT), up 20.6%, IntriCon Corporation ( IIN), up 19.7% and Real Goods Solar ( RSOL), up 14.8%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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