40.27 0.00 (0.00%)
After hours: 5:09PM EST
|Bid||39.28 x 1000|
|Ask||40.50 x 900|
|Day's Range||39.20 - 40.28|
|52 Week Range||32.39 - 47.00|
|Beta (3Y Monthly)||1.36|
|PE Ratio (TTM)||9.86|
|Earnings Date||Apr 24, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||0.60 (1.48%)|
|1y Target Est||44.25|
Stocks that moved substantially or traded heavily on Tuesday: Walmart Inc., up $2.21 to $102.20 The giant retailer's earnings beat analysts' forecasts as online sales grew, as did its grocery pickup and ...
It may not be the way most investors wanted the threat of another government shutdown to end -- with the declaration of a national emergency intended to accelerate the construction of "the wall" -- but Wall Street loves certainty. The S&P 500 gained 1.1% on Friday to log the best close in three months.Bank of America (NYSE:BAC) led the charge with its 2.5% advance, bolstered by word that Warren Buffett was adding to his bank positions last quarter, including more BAC stock.Making the day's gains even more impressive is the scope of the advance despite some major setbacks. Mattel (NASDAQ:MAT) was off more than 18% on a lackluster outlook for the coming year. Newell Brands (NASDAQ:NWL) fell more than 20% for the same reason.InvestorPlace - Stock Market News, Stock Advice & Trading TipsYet, of the stock charts we're most interested in, more of them have bullish potential than bearish. Those charts are Visa (NYSE:V), D. R. Horton (NYSE:DHI) and Amazon.com (NASDAQ:AMZN). Here's what to note. D. R. Horton (DHI)Last week Lennar (NYSE:LEN) was noted as a budding breakout candidate. Earlier in the month, rival homebuilder PulteGroup (NYSE:PHM) was dropping the same hints. * 10 Hot Stocks Leading the Market's Blitz Higher D. R. Horton is knocking on that door as of last week's close. One more good day could get it over the hump. Click to Enlarge • That hump is the 200-day moving average line, plotted in white on both stock charts. DHI pushed above that level earlier in the week only to fall back below it, but the bulls were quick to put it back in the hunt.• Zooming out to the weekly chart we see multiple buy signals, including a bullish MACD cross and a Chaikin line that's back above zero.• If the brewing breakout effort can take hold, the most plausible upside target is around $46.40, where D. R. Horton was capped for the better part of last year. Amazon.com (AMZN)A couple of bad days for a stock isn't necessarily the end of the world. It happens. But, when a high-profile market darling is not only skipping out in a month-long marketwide rally because it's bumping into familiar technical resistance, that's a red flag.That's Amazon.com right now. It got January started with a bang, but has been suspiciously weak of late. As of Friday, it's resting on a last-ditch perch that's preventing the sellers from pulling the rug out from underneath it. Click to Enlarge • The precision with which the rally was stopped is the key concern. All it took as a brush of the white 200-day moving average line in mid-January and then again in late January to push AMZN to lower lows.• As of Friday's last trade, the purple 50-day average line is holding up as support, but just barely. The next move under it could start a profit-taking avalanche.• The one thing working in the stock's favor right now is the lack of volume behind the selling, although there has been a distinct lack of buying volume as well. Visa (V)Two months ago Visa was in real trouble … as were most names. It plugged into the same rebound that sent most stocks higher in January though, and is not only out of trouble, bat may be on the verge of a major move. That move should be higher too, given the recent action.Ideally though, before breaking out, Visa would peel back a little, regroup, and then put the breakout thrust in place at a more sustainable pace. Click to Enlarge • The line in the sand $146, plotted with a white dashed line. V is on pace to push above that level, but has become overextends since its mid-January low.• There's even more going on here than initially meets the eye. On the weekly chart we can see two years' worth of unfettered rally that drove a divergence of all the key moving average lines. That divergence was reversed into a convergence last month -- highlighted on the daily chart -- which provides fuel for a fresh divergence.• Though the undertow is bullish, a dip back to the blue 20-day or gray 100-day moving average lines would let the rally "reset" and provide a chance for the purple 50-day average to cross back above the white 200-day line … a buy signal in and of itself.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? * 7 Strong Buy Stocks With Over 20% Upside * 7 Reasons Stock Buybacks Should Be Illegal Compare Brokers The post 3 Big Stock Charts for Tuesday: D. R. Horton, Visa and Amazon appeared first on InvestorPlace.
A combination of factors is helping push U.S. equities to fresh highs, with the Dow Jones Industrial Average rising to levels not seen since early December on Wednesday.These include hopes of a U.S.-China trade deal (with President Trump reportedly pushing back a tariff deadline), optimism over a budget deal in Congress (hopefully avoiding another government shutdown) and ongoing ease with the Federal Reserve's newly dovish stance.The bulls are going from strength to strength, shifting the focus of their buying as the post-December uptrend matures and changes its nature. From a focus on beaten-down big-cap technology stocks, new areas are piquing the interest of value hunters in areas like energy, industrials and healthcare.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 10 Best ETFs You Can Buy With that in mind, here are 10 hot stocks to watch as they lead the market higher: Philips 66 (PSX)Energy stocks like Philips 66 (NYSE:PSX) are coming back to life as crude oil starts to stir, with shares breaking out of a two-month resistance range as the 20-day moving average extends a rise above the 50-day average. Shares were recently upgraded by analysts at Tudor Pickering.The company will next report results on May 10 before the bell. Analysts are looking for earnings of $1.1 per share on revenues of $24.7 billion. When the company last reported on Feb. 8, earnings of $4.87 beat estimates by $1.98 per share on revenues of nearly $29 billion. Hess (HES)Hess (NYSE:HES) is another energy stock to watch, with shares moving to challenge the 200-day moving average to cap what looks like an inverse head-and-shoulders reversal pattern that traces a move to back to the early October high near $75. The company, along with ExxonMobil (NYSE:XOM) recently announced positive results from two offshore wells in Guyana. * 10 'Buy-and-Hold' Stocks to Own Forever The company will next report results on May 1 before the bell. Analysts are looking for a loss of 21 cents per share on revenues of $1.59 billion. When the company last reported on Jan. 30, a loss of 31 cents per share beat estimates by 7 cents on a 30.3% rise in revenues. AMD (AMD)AMD (NASDAQ:AMD) shares are consolidating a recent breakout, with the 20-day moving average extending away from its 50-day and 200-day moving averages presaging a break of prior highs and a challenge of the September levels. This would be worth a gain of more than 50% from here. In its most recent quarter, despite weak guidance from management, investors focused on a 9% increase in revenues for its computing and graphics segment thanks to a ramp in its Ryzen processors.The company will next report results on April 30 after the close. Analysts are looking for earnings of 2 cents per share on revenues of $1.25 billion. When the company last reported on Jan. 29, earnings of 8 cents per share matched estimates on a 5.9% rise in revenues. Microsoft (MSFT)Microsoft (NASDAQ:MSFT) shares look ready to emerge from a sloppy looking downward channel that started back in October with a break above a resistance line near $108. Such a break would set up a challenge of the early December high near $112, which would be worth a gain of 5% from here. * 10 Stocks That Every 20-Year-Old Should Buy The company will next report results on April 25 after the close. Analysts are looking for earnings of $1 per share on revenues of $29.9 billion. When the company last reported on Jan. 30, earnings of $1.10 beat estimates by a penny on a 12.3% rise in revenues. General Dynamics (GD)General Dynamics (NYSE:GD) shares are holding steady above their 20-day and 50-day moving averages, setting up a run at the prior highs near $185, which coincides with the 200-day moving average. Defense stocks have constantly been listed as hot stocks amid fresh tensions with Iran and steady budgetary support from the Trump White House and Congress.The company will next report results on May 1 before the bell. Analysts are looking for earnings of $2.45 per share on revenues of $9.3 billion. When the company last reported on Jan. 30, earnings of $3.07 per share beat estimates by 8 cents on a 25.4% rise in revenues. Deere (DE)Deere (NYSE:DE) is strongly tied to the fate of U.S.-China trade negotiations, given its focus on heavy machinery as well as agriculture equipment used for U.S. food exports. As such, shares are consolidating near prior highs set in early 2018. Watch for an upside breakout following the release of confidence guidance from management. * 7 Reasons to Own Coca-Cola Stock The company will next report results on Feb. 15 before the bell. Analysts are looking for earnings of $1.8 per share on revenues of $6.9 billion. When the company last reported on Nov. 21, earnings of $2.30 per share missed estimates by 15 cents on a 17.6% rise in revenues. DR Horton (DHI)DR Horton (NYSE:DHI) shares have climbed back up and over their 200-day moving average, setting the stage for a sustained move to test the prior high set in August. In its most recent post-earnings call, management noted that buyer traffic remained strong -- raising hopes for a strong spring selling season.The company will next report results on April 26 before the bell. Analysts are looking for earnings of 86 cents per share on revenues of $4 billion. When the company last reported on Jan. 25, earnings of 76 cents per share missed estimates by a penny on a 5.6% rise in revenues. Johnson & Johnson (JNJ)Johnson & Johnson (NYSE:JNJ) shares are extending above their 50-day and 200-day moving averages, looking ready for a run at the prior highs as worries about a baby powder lawsuit fade. The company recently unveiled a plan to buy robotics company Auris Health for roughly $3.4 billion. * 7 Reasons Stock Buybacks Should Be Illegal The company will next report results on April 23 before the bell. Analysts are looking for earnings of $2.1 per share on revenues of $19.7 billion. When the company last reported on Jan. 22, earnings of $1.97 per share beat estimates by 2 cents on a 1% rise in revenues. Under Armour (UAA)Under Armour (NYSE:UAA) shares have bounded above their 200-day moving average to close in on levels not seen since early December, capping a rise of 33% from its recent lows. While shares remain mired in a three-year-old sideways range, watch at the very least for a retest of prior channel highs near $24, which would be worth around a 10% gain from here.The company will next report results on May 14 before the bell. The company last reported results on Feb. 12, with earnings of 9 cents per share beating estimates by 5 cents on a 1.5% rise in revenues. The company remains in turnaround mode here at home, with revenues falling 6% in North America in the most recent quarter. But international growth remains a bright spot, up 24%. Freeport-McMoRan (FCX)Shares of Freeport-McMoRan (NYSE:FCX) are looking ready to emerge from a multi-month basing pattern going back to October, with the 20-day moving average extending a move above its 50-day moving average as the new uptrend gains momentum. The company was recently upgraded by Morgan Stanley analysts citing expectations that the company is likely to see an earnings boost from higher copper prices. * 7 Athletic Stocks That Could Run Higher The company will next report results on April 23 before the bell. Analysts are looking for earnings of 10 cents per share on revenues of $3.8 billion. When the company last reported on Jan. 24, earnings of 11 cents per share missed estimates by 8 cents on nearly a 27% drop in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 U.S. Stocks That Are Coming to Life Again * The 7 Best Video Game Stocks to Power Up Your Portfolio! * 5 Tips to Become a Better Stock Trader Compare Brokers The post 10 Hot Stocks Leading the Market's Blitz Higher appeared first on InvestorPlace.
D.R. Horton, Inc. (DHI), America’s Builder, today announced the successful launch of its Home is ConnectedSM smart home system, which is included in the base price of each new home from D.R. Horton and its family of brands. The system includes a robust central hub by Qolsys that controls the smart home features, including a home alarm and automation platform by Alarm.com, Honeywell Home thermostat from Resideo, door locks by Kwikset, smart switches by Eaton Corporation, video doorbell by SkyBell and hands free, voice-first experiences with Amazon Alexa. Donald R. Horton, Chairman of the Board, said, “Homebuyer response to our roll out of America’s Smart Home has been positive.
Arlington, Texas-based D.R. Horton (NYSE: DHI) has a new residential community about 160 acres in size planned for south Houston, near Highway 288 and Orem Drive south of Sims Bayou. The national builder is asking for variances at the Feb.
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D.R. Horton Inc NYSE:DHIView full report here! Summary * Perception of the company's creditworthiness is neutral but improving * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for DHI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting DHI. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding DHI totaled $21.00 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator with a strengthening bias over the past 1-month. DHI credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Futures and related home-building stocks like Lowe’s jumped in January and early February, but this spring’s housing activity will determine whether the rally can be sustained
ECONOMIC REPORT The numbers: Construction spending rose 0.8% to a seasonally adjusted annual rate of $1.3 trillion in November from a revised $1.29 trillion in October, helped by housing, the Commerce Department said Friday.
More builders say they are making a concerted effort to build for first-time homebuyers, shifting away from move-up homes.
What a difference a month can make! For years, the U.S. Federal Reserve signaled its intentions to raise benchmark interest rates to cull prior monetary excess. Up until last December, the Fed maintained its hawkish stance. However, an about face suddenly brings up a new question: With this change, what are now the best stocks to invest in? No one can overstate how important this announcement is for Wall Street. Upon the dovish shift, the Dow Jones Industrial Average closed up 1.8% against the prior session. Before the Fed's change of heart, the markets traded relatively sideways. But with this fundamental overhang out of the way, the list of best stocks to buy just got bigger. While the sudden swing may have taken investors off-guard, in fairness, the Fed didn't have much choice. Yes, the domestic economy is doing well, especially compared to international markets. However, Fed Chairman Jerome Powell didn't anticipate the continued economic hostilities between the U.S. and China. InvestorPlace - Stock Market News, Stock Advice & Trading Tips As a result, the central bank had to respond in a way that wouldn't upset the markets' delicate balance. However, China isn't the only concern. Other pressing issues include surging dollar strength, recently softening consumer sentiment, and a tough housing market. With the Fed now acknowledging these headwinds, it's breathing new life into the best stocks to buy. But don't think that the Fed has gone rogue. Powell expressed the importance of "patience." In other words, if inflation isn't rising dramatically, there's no need to overreact. This prudent approach should help navigate our economy and calm unnecessary jitters in the markets. * 7 Stocks With Too Much Riding On China Plus, the Fed symbolically waved the green flag. So here are seven of the best stocks to buy off this dovish policy: Source: Shutterstock ### American Electric Power (AEP) Typically, utility firms don't immediately come to mind as among the best stocks to buy for a dovish Fed. If Powell is genuinely concerned about dollar strength, he's not going to mind the currency weakening against its international competitors. However, such a move raises energy and commodity costs, thus impacting names like American Electric Power (NYSE:AEP). But here's the thing: as a utility company, AEP stock enjoys consistent, recurrent demand. In fact, as we dive further into the information age, we're going to see increased demand for utilities, not less. So a rise in costs due to an inflationary dollar won't hurt AEP's profitability. Instead, they'll just pass on the costs to the consumer without consequence. That might sound cynical, but I'm speaking with positive intentions. For one thing, American Electric Power is a well-run organization with an eye towards future industry developments. Moreover, AEP stock features a nice 3.4% dividend yield. Even if the markets stumble against the Fed's best efforts, AEP will still bring something to shareholders. Source: Shutterstock ### Exxon Mobil (XOM) While President Donald Trump loved boasting about the markets when they were moving higher, individual stories forwarded questionable results. For instance, several construction-related companies like Caterpillar (NYSE:CAT) took off when Trump won, presumably because of the border-wall project. But for others like Exxon Mobil (NYSE:XOM), they have a more nuanced perspective. Immediately following the election, XOM stock enjoyed a massive burst of bullishness. However, that sentiment quickly faded once 2017 rolled around. Despite some big, singular moments, Exxon Mobil has largely disappointed shareholders. Later in the fourth quarter of 2018, macroeconomic concerns dropped XOM from most people's short list of best stocks. * 10 Stocks to Sell in February Trump must take responsibility for some of the bearishness. Throughout his presidential campaign, he sharply rebuked former Fed Chair Janet Yellen's accommodative monetary policies. But with the world's most powerful central bank reversing course, XOM stock has a chance to rebound. Source: Qualcomm ### Qualcomm (QCOM) In recent years, technology firm Qualcomm (NASDAQ:QCOM) has given shareholders fits. In one moment, the company appears like one of the best stocks ever. But after a brief spell, QCOM stock comes crashing down to earth, only to repeat the cycle later. Most recently, the tech icon slipped on the worsening U.S.-China trade war. But another overriding headwind has worried shareholders: a rising dollar. As the greenback gains in strength, it limits Qualcomm's competitiveness overseas. More than once, we've heard the impact about unfavorable currency exchange rates during an earnings report. For QCOM stock, this matter takes on a greater urgency. Last year, 67% of total revenue came from China, including Hong Kong. The Chinese already play tough, and some would argue dirty. A currency headwind is therefore the last thing you want as a Qualcomm stakeholder But if I'm reading the Fed correctly, the central bank understands these challenges. If so, QCOM stock may have received a lifeline. Source: -v via Flickr (modified) ### DR Horton (DHI) Prior to the Fed coming to their senses (as some might argue), homebuilder DR Horton (NYSE:DHI) was among the worst stocks to buy for purely understandable reasons. The fallout from the sub-prime-mortgage crisis has made home ownership increasingly difficult. But with a hawkish monetary policy, DHI stock appeared dead in the water. Indeed, shares slipped badly in the beginning of 2018, then meandered aimlessly until another big drop. Based on the technical charts, it's difficult to argue against a correlation between DHI stock and Fed policy. But when Powell released his statements, DR Horton suddenly found a second wind. * 7 High-Dividend Stocks Yielding More Than 5% (Plus a Bonus) Undoubtedly, real estate has a long way to go. A substantial headwind comes from the millennial demographic, which haven't warmed to home ownership like prior generations. Surely, the Fed's dovish stance won't change this factor overnight. However, it does give DHI stock a chance. Source: Jan Tik via Flickr ### LGI Homes (LGIH) Similar to DR Horton, LGI Homes (NASDAQ:LGIH) fell off most people's list of best stocks to invest in for 2018. From the get-go, LGIH stock experienced significant volatility. Eventually, the narrative completely collapsed in September, sending shares down into the doldrums. That said, LGI Homes has started to win back the investors it lost during last year's pummeling. Against the January opener, LGIH stock has gained over 29%. And of course, with the Fed backing off from its hawkish threats, shares don't have the overhang to worry about. Additionally, LGIH has one potential ace up its sleeve: Chinese buyers. As China's wealthy class increases in number, the astute among them are seeking stable investments to protect their money. Western real estate, particularly in the U.S. market, appeals for obvious reasons. A critical advantage that LGI levers is location, location, location. Primarily featuring in the coastal areas, as well as burgeoning inland markets, the company offers an exceptionally-attractive portfolio. Source: Jeremy Vohwinkle via Flickr (Modified) ### AngloGold Ashanti (AU) It's a predictable but generally reliable strategy: when the economy hurts, gold is king. Even with the Fed addressing fundamental headwinds, precious metals can have a viable place in your portfolio. That's because a dovish monetary policy is usually inflationary for the dollar, thereby driving gold prices. But if you don't want the hassle of physical bullion, miners can be some of the best stocks to invest in. Among them, AngloGold Ashanti (NYSE:AU) stands out sharply. AU stock has gotten off to a strong start in 2019, gaining over 10%. That was before the Fed changed its outlook. With a dovish policy, AU could jump even higher. * 7 Stocks That Could Double in 2019 Better yet, a bullish market in gold should help boost AngloGold's financials. After commodities and energy got blitzed in the middle part of this decade, AU stock is on the recovery track. With the Fed aligning with AngloGold's interests, we're in for an interesting 2019 and beyond! Source: Shutterstock ### Sibanye Gold (SBGL) If the Fed maintains its dovish monetary policy -- or even magnifies it -- you'll want to consider Sibanye Gold (NYSE:SBGL). Despite its name, SBGL stock is more than just a gold miner. With its acquisition of Stillwater Mining, Sibanye has exposure to the critical platinum market. Often times, the best stocks to buy achieve that lofty status due to their potential for strong demand. However, with SBGL, the supply-demand picture is already extremely favorable. To illustrate, all the platinum that has ever been mined could fit inside an average living room. What's more, platinum has significant industrial, technological and biochemical uses. Naturally, if platinum is used for these purposes, it's difficult if not impossible to recover. That only boosts mining companies like SBGL that specialize in this precious metal. Still, like any player in this sector, you want to approach cautiously. Sibanye Gold has sharply rising debt levels, which may not be suitable for conservative investors. But if you want to speculate on the Fed, SBGL stock has the right stuff. As of this writing, Josh Enomoto is long gold and platinum. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Machine-Learning Stocks to Buy for a Smarter Portfolio * 10 Stocks to Sell in February * 10 Triple-A Stocks to Buy in February Compare Brokers The post 7 of the Best Stocks to Buy for a Dovish Federal Reserve appeared first on InvestorPlace.
Q1 2019 D.R. Horton Inc and Preliminary Q1 2019 Forestar Group Inc Earnings Call
Improved operating efficiency aids PulteGroup (PHM) to post higher earnings and revenues. However, decline in orders owing to softness in homebuying demand is a pressing concern.
posted weaker-than-expected first quarter earnings Friday, but revenue gains from higher selling prices and improved demand supported shares in early trading on Wall Street. DR Horton said earnings for the three months ending in December, the group's fiscal first quarter, came in at 76 cents per share, up 55% from the same period last year but 2 cents shy of the consensus forecast. "Sales prices for both new and existing homes have increased across most of our markets over the past several years, which coupled with rising interest rates has impacted affordability and resulted in some moderation of demand for homes, particularly at higher price points," said chairman Donald Horton.