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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

DR Horton Shows Improved Relative Price Performance; Still Shy Of Benchmark

The Relative Strength (RS) Rating for DR Horton moved up into a higher percentile Tuesday, as it got a lift from 68 to 72.

This unique rating identifies market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.

Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating of at least 80 as they launch their biggest climbs. See if DR Horton can continue to rebound and clear that threshold.

How To Invest In Stocks In Both Bull And Bear Markets

DR Horton is working on a consolidation with a 199.85 buy point. See if the stock can clear the breakout price in heavy trading.

DR Horton reported negative growth for both the top and bottom lines last quarter.

DR Horton earns the No. 17 rank among its peers in the Building-Residential/Commercial industry group. Comstock Holding Cl A, Green Brick Partners and Taylor Morrison Home are among the top 5 highly rated stocks within the group.

RELATED:

Homebuilder Stocks To Watch And Real Estate Industry News

Which Stocks Are Showing Improved Price Performance?

Why Should You Use IBD's Relative Strength Rating?

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