This Stock Is Beaten Down Now, but I Think It Could 10X

It has been a rough few months to be invested in homebuilder stocks. This is especially true for Sun Belt-focused builder Dream Finders Homes (NYSE: DFH), which is down by about 50% from its 52-week high.To be sure, the business itself continues to perform quite well. In the most recent quarterly report, Dream Finders' homebuilding revenue increased 10% year over year, margins remained strong, and net new orders increased by 9%. Plus, Dream Finders reported a backlog of about $2 billion worth of sold homes.However, due to stubbornly high mortgage rates and potential tariff headwinds, the stock has been beaten down and is now trading for less than 7 times forward earning estimates. And even though Dream Finders is already a large investment in my portfolio, I'm considering adding more shares right now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool