D.R. Horton, Inc. (NYSE:DHI) is one of the stocks that Jim Cramer looked at. During the episode, Cramer discussed the stock in light of the “roaring” comeback by homebuilders. He said:
“After struggling for the better part of a year, the home builders came roaring back today, led by D.R. Horton, the largest home builder in America… At the end of the day, this is a space most investors have been down on very long time. And you know, may still be true despite the group’s modest recovery from the lows over the past few months.
Jim Cramer on D.R. Horton: “Wall Street Simply Got Too Negative on This Group”
Photo by Breno Assis on Unsplash
D.R. Horton (NYSE:DHI) builds and sells single-family and attached homes, provides mortgage and title services, and develops rental properties and residential lots. The company also owns non-residential real estate and primarily serves homebuyers.
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Disclosure: None. This article is originally published at Insider Monkey.