Residential Construction

Consumer Discretionary

#28 of 100▼14·7 names·$121BRanked by 1M vs S&P 500

1D

+0.1%

vs S&P +0.4%

1W

-4.2%

vs S&P -6.8%

1M

+7.2%

vs S&P +9.4%

3M

-4.2%

vs S&P -1.9%

Breadth

83%

of names above their 50-day average

Thesis reaching here

Rising mortgage rates cut home sales and refinances, shrinking the transaction volume that title insurers earn fees on28 sourcesDHI LEN

6 names in this industry

S&P 500Reference1D -0.4%1W +2.6%1M -2.3%3M -2.4%


PHMPulteGroup, Inc.	+0.1%	-4.1%	+12.4%	-1.2%
TOLToll Brothers, Inc.	-0.1%	-3.1%	+10.4%	+1.7%
KBHKB Home	-1.1%	-5.5%	+9.7%	-13.6%
LENLennar Corporation	+0.0%	-5.8%	+7.6%	-3.4%
DHID.R. Horton, Inc.	+0.8%	-4.4%	+4.3%	-1.9%
NVRNVR, Inc.	+0.7%	-7.1%	-1.5%	-7.1%

8 recent connections

Nov 6Strong October hiring keeps mortgage rates high, which hurts D.R. HortonDHI Oct 14Energy-led inflation keeps mortgage rates high for D.R. HortonDHI Oct 12Home sellers cut prices, and builders' supplier Builders FirstSource may sell less lumberLEN Oct 12Inflation data could decide a Fed hike, and with it mortgage costs for Lennar and D.R. HortonDHI LEN Oct 8Oil's surge pushes up bond yields and keeps mortgage rates high for D.R. Horton's buyersDHI Oct 7Mortgage rates at 7.49% may cut title insurance sales at First American and Fidelity NationalLEN Aug 8July Jobs Miss Unlocks Fed Rate-Cut Optionality — Long Rate-Sensitive HomebuildersDHI PHM LEN Jun 1Berkshire's TMHC Bid Signals Entry-Level Housing Scarcity — Long Competing Mid-Cap BuildersDHI PHM NVR

Adjacent

Insurance - Specialty

Adjacency is derived from our own theses, never from price correlation.

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