Does D.R. Horton, Inc. (DHI) Stock Still Have Momentum?

Another Housing Bust?

On the other hand, it’s pretty unlikely that when housing slows, it will crater the way it did in the 2000s, when we saw a housing bust of almost Biblical proportion. And, it’s also true that no one knows how much momentum is left in this housing market. Everyone knows that economic markets move in cycles. The trick is getting the timing right. D.R. Horton stock could continue to rally for years before slowing down, or it could slow down tomorrow. You just don’t know.

But the company is the largest homebuilder in the U.S. and has extensive exposure in multiple markets, so it seems to be in as good a position as any to whether any clouds on the housing horizon.

If you did buy this stock years ago, congratulations. If you’re thinking of buying today, proceed with a measure of caution and remember that no company can sustain this sort of growth forever.

This article is brought to you courtesy of Andrea Pettis from Wyatt Research.

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