FAF Stock Near 52-Week High: Should You Buy or Wait for a Pullback?

Shares of First American Financial (FAF) closed at $65.01 on Monday, near its 52-week high of$67.88. Increased demand among millennials for first-time home purchases, the expansion of valuation and data businesses and strength in commercial business and technological upgrades are driving the price higher. Shares of FAF have gained 21.3% in the past three months, outperforming the industry's growth of 11.2%, the Finance sector's increase of 2.4% and the Zacks S&P 500 composite's increase of 4%. FAF Outperfo ...