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LGIH - Rate Cuts Will Help LGI Homes Sustain Its Strong Momentum
LGI Homes Inc.
Introduction
Since the elevated seriousness of the coronavirus hit the US markets, stocks across industry types have started seeing Mr. Market’s wrath. The travel and tourism sector has obvious consequences due to this pandemic with some experts estimating the US sector to lose as much as $24 billion of foreign spending.
One sector which has seen an impact comparable to the travel industry has been the homebuilder sector.
Source: S&P Homebuilder ETF - Google Finance
Source: S&P Transportation ETF - Google Finance
Through this article, I aim to analyze the fundamentals of LGI Homes (