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D.r. Horton, Inc. (DHI) [hlAlert]

Rating:
Buy DHI
up 44.03 %

D.r. Horton, Inc. (DHI) rated Buy by BofA/Merrill

Posted on: Friday,  Jan 11, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy D.r. Horton, Inc. (NYSE: DHI) on 01/11/2013, when the stock price was $21.05. Since
then, D.r. Horton, Inc. has gained 44.04% as of 01/15/2016's recent price of $30.32.
If you would have followed this BofA/Merrill's recommendation on DHI, you would have gained 44.03% of your investment in 1099 days.

D.R. Horton, Inc. (D.R. Horton) is a homebuilding company in the United States. It constructs and sells homes, through the operating divisions in 27 states and 75 metropolitan markets of the United States. The Company?s homes range in size from 1000 to 4000 square feet. During the fiscal year ended September 30, 2009 (fiscal 2009), the Company closed 16,703 homes. The Company?s operating segments consists of six homebuilding segments and a financial services segment. In fiscal 2009, the homebuilding operations comprised of 99% of the consolidated revenues of the Company. In addition to building single-family detached homes, D.R. Horton also build attached homes, such as town homes, duplexes, triplexes and condominiums (including some mid-rise buildings), which share common walls and roofs. In fiscal 2009, the sale of detached homes generated approximately 81% of the home sales revenues.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/11/2013 8:25 AM Buy
None
21.05
as of 12/13/2013
1 Week down  -0.62 %
1 Month down  -0.47 %
3 Months down  -0.94 %
1 YTD down  -9.92 %

(*) Stock Price at the time of the recommendation.
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