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D.R. Horton, Shake Shack And A Home Construction Company Up 32% This Year: CNBC's 'Final Trades'

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D.R. Horton, Shake Shack And A Home Construction Company Up 32% This Year: CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Joshua Brown of Ritholtz Wealth Management named Shake Shack Inc. (NYSE: SHAK) as his final trade.

TD Cowen analyst Andrew Charles recently reiterated Shake Shack with a Market Perform and maintained a $75 price target.

Liz Young of BNY Mellon Investment Management picked Health Care Select Sector SPDR Fund (NYSE: XLV).

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Joseph Terranova of Virtus Investment Partners named D.R. Horton, Inc. (NYSE: HUM), saying "stay with homebuilders."

D.R. Horton reported sales of $7.97 billion, a slight decline of 0.33% year-over-year, beating the consensus of $6.47 billion, for the second quarter of 2023.

Benzinga's analyst rating data shows a consensus Outperform rating on HUM.

Stephen Weiss of Short Hills Capital Partners said Lennar Corporation (NYSE: LEN) reported great quarterly numbers.

Lennar reported better-than-expected second-quarter results and raised its full-year outlook, the company's stock is up 32% year to date.

Price Action: Lennar shares rose 1.3% to settle at $121.58, while D.R. Horton shares rose 1.7% to close at $118.32 on Tuesday. Shake Shack shares gained 4% to close at $73.99 during Tuesday’s session.

Check This Out: Top 5 Defensive Stocks That May Rocket Higher This Quarter

 

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Posted-In: CNBC Halftime Report Final Trades Joseph TerranovaLong Ideas News Markets Media Trading Ideas Best of Benzinga

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