KB Home (KBH) to benefit from favorable longer-term housing market conditions, including a shortage of new and resale homes, robust employment, wage growth and rising household formations.
SGRP, HWM and CAVA made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 20, 2024.
Lennar's (LEN) second-quarter fiscal 2024 results reflect higher deliveries and orders. Yet, gross margin remains under pressure due to lower home prices and higher land costs.