Investors have to first make a call on the 2023 mortgage rate trends, says Jay McCanless. He and Brad Hunter discuss homebuilders. Jay mentions that stable or declining rates should support owning builders. They examine the "build-for-rent" trend, as well as which homebuilders could outperform in 2023, highlighting Lennar (LEN), D.R. Horton (DHI), and KB Home (KBH). Brad notes that homebuilders face severe demand headwinds due to higher mortgage rates. Tune in to find out more about the stock market today.
11 Jan 2023
The Watch List
17 Nov 2022
The Watch List
29 Nov 2022
The Watch List
19 Jan 2023
Trading 360
19 Dec 2022
Trading 360
01 Dec 2022
The Watch List
04 Jan 2023