This Magnificent Homebuilder Is One of My Top Stocks to Buy in 2024
One way to find winning stocks is to search in areas of the market that have secular tailwinds. Put another way, find an important trend and identify the best businesses that are taking advantage of that trend. When it comes to housing in the United States, some long-term challenges will need to be addressed, and homebuilders are poised to solve the problem.
Not all homebuilders are equally positioned to be the winners in this market. However, there is one company I find particularly compelling, and it's on the top of my buy list for the coming year. Let's look at what makes Dream Finders Homes (NYSE: DFH) unique and why I think it could be one of the biggest winners in this market.
Due to a long period of under-building, the United States is facing a housing shortage. As you can see from the chart below, the U.S. had been slowly recovering from the crash in housing starts caused by the Great Financial Crisis. However, that pace has slowed over the last year or so as rising interest rates have cooled off the housing market.
Source Fool.com
