Meritage Homes Stock Rises 9% in a Month: Still a Buy or Too Late?

Meritage Homes Corporation (MTH) stock has been rallying of late, gaining 8.8% over the past month. This Scottsdale, AZ-based company's shares have also performed a little better than the Zacks Building Products - Home Builders industry's 8.4% rise. The stock has fared better than the Zacks Construction sector and the S&P 500 Index's 7.7% and 8.7% rallies, respectively. The company has been reaping benefits from the resilient housing demand and the company's progress in delivering quick-turning and affordab ...