NVR - This Stock Has Already Delivered 61100% Returns for Long-Term Investors -- but Here's Why I Think It's Still a Bargain
2023-09-08 06:21:00 ET
NVR (NYSE: NVR) isn't exactly a household name, but maybe it should be -- at least among stock investors. The homebuilder has one of the best long-term track records of returns in the entire stock market, and has done so without being a particularly innovative or tech-focused business.
However, although NVR's returns so far have been simply fantastic, there's a solid argument to be made that the stock is still rather cheap. Here's why.
As mentioned, NVR is a homebuilder . The company is based in Reston, Virginia, and operates in more than a dozen states and D.C., mostly on the East Coast. While NVR isn't exactly a household name, its subsidiary brands -- especially Ryan Homes -- are among the most widely known names in homebuilding in their markets.
For further details see:
This Stock Has Already Delivered 61,100% Returns for Long-Term Investors -- but Here's Why I Think It's Still a Bargain