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  • Trade view / 29 September 2017 at 11:48 GMT
    Strategic trade
    /
    Buy

    DR Horton attractive as US housing boom continues - #SaxoStrats

    Head of Equity Strategy / Saxo Bank
    Denmark
    The US housing boom continues as KB Home reported forecast-beating third-quarter results yesterday and kept a positive outlook. US building permits are still rising and have around 20% more upside from current levels as family formation increases and permits swing back to the long-term average from 1960. Among North America home builders, we believe DR Horton is the most undervalued, with around 28% upside over the next 12 months.
    Read the Trade View
  • 2y
    Michael O'Neill Michael O'Neill
    First come the trees then the milk and eggs.Now Trump can prove he is the Fair Trade -Not Free Trade Champion . He figures that picking...