5 Best Homebuilder/Housing Stocks To Buy Now

3. D.R. Horton, Inc. (DHI)

Number of Hedge Funds: 62

Total Value of HF Holdings: $2.14 billion

DHI is Mark Tepper’s top homebuilder pick. Tepper stated that first-time buyers will suit D.R. Horton’s specialty which is affordable entry-level homes, that actually meet the 3 major trend criteria he mentioned. “The number one thing you need when you build a house is the land to build it on and D.R. Horton’s land strategy really helps them,”. Hedge funds also agree with Tepper. There were a total of 62 hedge funds with bullish DHI positions. Hedge funds don’t talk about DHI in their investor letters much, but they sure like the stock.

Follow Horton D R Inc (NYSE:DHI)