We recently highlighted a leading homebuilder positioned to excel during the widely expected economic recovery. However, the homebuilding market is not winner takes all and there's ample market share to go around. We’ve identified another undervalued homebuilder worth a look.
Investors overlooking Meritage Homes (MTH) are in the Danger Zone. Despite rebounding from its March lows, there’s still value in this Long Idea.
Meritage Homes’ History of Profit Growth
Meritage Homes has a strong history of profit growth. Over the past decade, Meritage homes has grown revenue by 14% compounded annually and core