PulteGroup can set a new high in 2024

Key PointsPulteGroup struggled in Q4, but normalization and growth are in the forecast.Despite the top-line decline, the company generated ample cash flow and free cash flow. Capital returns include share repurchases and dividends; share repurchases account for 6% of the float in 2023. 5 stocks we like better than PulteGroupPulteGroup Inc.'s NYSE: PHM share price surged on its Q4 results and guidance but quickly pulled back as profit takers took advantage of the move. The resulting candle suggests a top is ...