FAF Lags Industry, Trades at a Discount: What Should Investors Do Now?
Shares of First American Financial Corporation (FAF) have gained 3.7% year to date, underperforming the industry’s growth of 15.3% but outperforming the Finance sector’s decrease of 1.3% and the Zacks S&P 500 composite’s decrease of 8.7%. FAF shares are trading well above the 50-day moving average, indicating a bullish trend. Increased demand among millennials for first-time home purchases, the expansion of valuation and data businesses and strength in commercial business and technological upgrades should h ...