Expect Texas Pacific, DR Horton and Skechers Shares to Run Higher

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Expect Texas Pacific, DR Horton and Skechers Shares to Run Higher

Expect Texas Pacific, DR Horton and Skechers Shares to Run Higher
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Expect Texas Pacific, DR Horton and Skechers Shares to Run Higher

TheStreet.com Videos 3:13 mins

Skechers stock will continue to stay hot despite its recent run-up because the sneaker-seller has done a brilliant job of offering its customers the styles and colors they crave, says Don Hodges, portfolio manager for the Hodges Fund. Hodges is also bullish on Texas Pacific Land Trust which owns over 900K acres of oil-and-gas rich land in 18 counties in the western part of Texas. Hodges says Texas Pacific is selling off the land at higher prices while reducing its share count. Finally, Hodges is a fan of DR Horton's stock, saying the homebuilder will benefit from pent-up demand from first time homebuyers.

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