George Soros’ Top 5 Stock Picks

2. D.R. Horton, Inc. (NYSE:DHI)

The home building company is the long-running investment of Soros Fund Management and the fund has raised its stake in the home building company by 70% in the September quarter. Although D.R. Horton underperformed during the fourth quarter, its shares are up 23% in the last twelve months. In addition to share price gains, the company also offers dividends to investors. Soros Fund was holding 3 million shares of D.R. Horton at the end of the September quarter, accounting for 5.66% of the overall portfolio.

We talked about DHI in our 11 Best Homebuilder Stocks To Buy Now article:

“As for Strategic Wealth Partners’ Mark Tepper, “I like the overweight D.R. Horton, the underweight Pulte concept,”. Mark said that D.R. Horton (NYSE: DHI) is his favorite homebuilder. According to him, there are 3 major key trends that are moving the housing market. “You’ve got the geographical trend, which is people moving from cities to suburbs, you’ve got the generational trend, which is the millennials buying their first homes, and then you’ve got the work-from-home trend,” he marked while adding that people are spending ‘more time’ at home which leads them to want their homes to be nicer, bigger and newer.

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,”.