NVR Continues To Capitalize On Housing Shortage And High Mortgage Rates

NVR Inc. (NYSE:NVR) was the first company I covered on Seeking Alpha. I initiated coverage in August 2023 with a "Buy" rating. Thomas Barwick/DigitalVision via Getty Images Investment Thesis The drivers of the business have not changed much since then. Although the stock has slightly underperformed the broader market, I believe the outlook remains positive. High mortgage rates have mixed effects, not solely negative, as the market perceives. Combined with factors such as the housing shortage, the business i ...