An underestimated construction company in the medium term, whi | 🚀 Robin Rocket

An underestimated construction company in the medium term, which can bring 12% -17% profit

PulteGroup, Inc., $PHM

Current price: $47.28
Target price: $53-55

PulteGroup is a leading player in the residential housing market with strong earnings growth, leading gross margins and some of the strongest balance sheets in the industry.

The United States is now experiencing a record housing shortage.

Many analysts estimate the country has a shortage of more than 1 million units, while others argue that the shortage is much greater.

It will take many years of construction by companies like Pulte and their industry colleagues to solve the vacancy problem.

Therefore, the long-term high demand and stable profits of construction companies are simply obvious!

Not an investment recommendation.