Introduction
Given current market conditions, we thought it a good time to look at the safer end of the spectrum with D.R. Horton (DHI), the largest homebuilder in the US, rather than our typical focus on growth technology stocks. The current downturn has pulled down home building stocks off their highs. For those with long-term goals, this is an opportunity.
We think DHI qualifies as a stock for investors heading towards retirement.
- Steady long-term growth conservatively of 12-17% p.a.
- It's not a FAANG stock, with little potential to be disrupted.
- DHI is unlikely to