U.S. markets closed
  • S&P 500

    4,163.29
    -10.56 (-0.25%)
     
  • Dow 30

    34,327.79
    -54.34 (-0.16%)
     
  • Nasdaq

    13,379.05
    -50.93 (-0.38%)
     
  • Russell 2000

    2,227.12
    +2.49 (+0.11%)
     
  • Crude Oil

    66.38
    +1.01 (+1.55%)
     
  • Gold

    1,867.60
    +29.50 (+1.60%)
     
  • Silver

    28.33
    +0.98 (+3.57%)
     
  • EUR/USD

    1.2160
    +0.0013 (+0.11%)
     
  • 10-Yr Bond

    1.6400
    +0.0050 (+0.31%)
     
  • GBP/USD

    1.4133
    +0.0031 (+0.22%)
     
  • USD/JPY

    109.2020
    -0.1450 (-0.13%)
     
  • BTC-USD

    44,031.71
    -1,416.83 (-3.12%)
     
  • CMC Crypto 200

    1,215.47
    +17.56 (+1.47%)
     
  • FTSE 100

    7,032.85
    -10.76 (-0.15%)
     
  • Nikkei 225

    27,824.83
    -259.67 (-0.92%)
     

LGI Homes Ratings Shine, With Long Runway Still Ahead

INVESTOR'S BUSINESS DAILY and JAMES DETAR
·2 min read
LGI Homes Ratings Shine, With Long Runway Still Ahead
  • Oops!
    Something went wrong.
    Please try again later.

Mortgage interest rates hover near longtime lows, there's a shortage of housing, and consumers have more money as the job market recovers and waves of stimulus roll out. On Thursday, LGI Homes hit an important performance benchmark, as its Relative Strength (RS) Rating jumped into the 80-plus percentile with an improvement to 82, up from 79 the day before. An 82 RS Rating means that Woodlands, Texas-based LGI Homes has outperformed 82% of all stocks, regardless of industry group.