MTH - Massively Misunderstood: The Mega-Trend That Makes This Homebuilder Stock Worth Buying
Housing is in a downturn. Sharp interest rate increases, following years of rising home prices, have brought things to a head, with buyers canceling orders and home sales falling sharply. In this video, Motley Fool contributor Jason Hall explains to colleague Travis Hoium why this is a normal part of the housing cycle, and why, down over 30%, Meritage Homes (NYSE: MTH) is worth a close look for stock buyers right now.
*Stock prices used were the morning prices of Nov. 21, 2022. The video was published on Nov. 27, 2022.
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Massively Misunderstood: The Mega-Trend That Makes This Homebuilder Stock Worth Buying