11 Best Breakout Stocks to Buy According to Analysts

2. Century Communities, Inc. (NYSE:CCS)

Stock Upside Potential as of May 2: 88.13%

Number of Hedge Fund Holders: 27

Century Communities, Inc. (NYSE:CCS) is a real estate company that develops, constructs, and sells new homes under the Century Communities and Century Complete brands. In some markets, it also offers ancillary services like title, insurance, and lending. While the stock is down by about 25% year-to-date, Wedbush maintains a Hold rating with an $88 price target.

According to Wedbush, there is no reason why a public builder like Century Communities, Inc. (NYSE:CCS) will trade below 1-time price/tangible book at a time when national home and land prices are rising. Nevertheless, the research firm warns that the company could come under pressure from larger entry-level builders selling for volume over margin.

Nevertheless, Century Communities, Inc. (NYSE:CCS) remains focused on providing high-quality, affordable homes in its push for shareholder value. Consequently, it is in the process of launching Ridge at Twin Rivers, a new residential community in Covington, GA. Sales for the new single-family homes will start at a low of $300 from Midway, with over 100 homes on offer. In addition, it continues to reward investors with a 2.13% dividend yield.