Here's Why Investors Must Add KB Home (KBH) to Their Portfolio
KB Home(KBH) Zacks Investment Research·2024-04-01 15:00
KB Home (KBH) is benefiting from improved housing demand trends and reduced cancellation rates, showcasing an increase in homes delivered and net new orders growth. The improving trends are further backed by the company’s implementation of the Build-to-Order approach, accompanied with land buyout initiatives.Shares of this Zacks Rank #2 (Buy) company have risen 54.5% in the past six months, outperforming the Zacks Building Products - Home Builders industry’s 53.1% growth.The Zacks Consensus Estimate for the ...