When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
LGIH - LGI Homes: Justified Rally But Don't Chase It Here
LGI Homes Inc.
Introduction
LGI Homes (LGIH) is the 10th largest homebuilder in the United States. The company focuses on entry-level housing in the vicinity of major metropolitan areas. Its primary customer is the first-time home buyer.
While the company has seen improving sales by expanding into new communities, its current valuation is a concern. Through this article, I aim to explain my reasons for being bullish on LGIH long term, but my hesitance to buy more shares at this time.
Investment Thesis
LGI Homes was mentioned by Builder Magazine in May 2009 as the