Invest in the Home Market with LGI Stock?

 LGI

A growing number of analysts believe that America’s home market is set to pick up again. Interest rates are trending downwards, and wage growth is increasing. Unemployment is at a record low, creating some of the best tailwinds for the home market in years. If you want to capitalize on a potentially refreshed market later this year, LGI Homes Inc. (NASDAQ: LGIH) could be a smart investment.

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LGI Homes is a major developer involved in the planning, design, construction, and marketing/sale of new homes in the United states.

The average analyst consensus in March is that LGI is outperforming its industry. It has been tipped as one of the stocks that could continue to grow if the market continues its strength throughout 2019. A current hold on federal rate increases has left investors optimistic.

LGI has grown for every one of the last five years. Sales growth in 2018 was up 19.59%. Gross income was up an impressive 18.64%, for a profit margin of 25.21%. In the sometimes low-margin construction industry, this is an impressive figure.

This company’s stock has rallied this year, thanks to renewed confidence in both the investment and home markets. It could be an excellent long-term pick for any portfolio that lacks exposure to home builder stocks.

Key Data:

  • 1 Year Price Growth:                   -13.36%
  • YTD Price Growth:                       24.29%
  • 3 Month Price Growth:                37.81%

All information is based on current and historical market data, as well as publicly available financial data. As with any financial decision, your own research is important. Stock market outcomes can never be 100% accurately predicted. Familiarity with historical data, individual industries, and individual stocks is key to developing a robust portfolio. Note that stock prices can fluctuate rapidly during trading sessions.

 

The reports, research and newsletter are based on current and historical market data, as well as publicly available financial data.They are intended to be a starting point for investors. They do not provide every material fact about a company or industry, nor are they recommendations to buy or sell. The writers and the company make no warranties or representations as to the accuracy of these reports.   You should NOT rely solely upon the information or opinions read in the content. Rather, you should use the content as a starting point for doing independent research on the independent analysis and trading methods in the content. The content is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. By accessing this website you have agreed to our disclaimers and privacy policy.

 

 

The reports, research and newsletter are based on current and historical market data, as well as publicly available financial data.They are intended to be a starting point for investors. They do not provide every material fact about a company or industry, nor are they recommendations to buy or sell. The writers and the company make no warranties or representations as to the accuracy of these reports.   You should NOT rely solely upon the information or opinions read in the content. Rather, you should use the content as a starting point for doing independent research on the independent analysis and trading methods in the content. The content is impersonal and does not provide individualized advice or recommendations for any specific reader or individual portfolio. By accessing this website you have agreed to our disclaimers and privacy policy.

 

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