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Lennar Corporation (LEN): A Bull Case Theory

We came across a bullish thesis on Lennar Corporation on Darius Dark Investing's Substack. As of 14ᵗʰ July, Lennar Corporation's share was trading at $112.89. LEN's trailing and forward P/E were 9.35 and 6.99 respectively according to Yahoo Finance.

[caption id="attachment_1205052" align="aligncenter" width="768"] A contemporary single-family house at dusk in a residential neighborhood.[/caption]

The US housing market is experiencing a chill due to high mortgage rates, which have suppressed demand and existing home sales. However, this has created a unique opportunity for...