Home building stocks now are “dirt cheap,” according to one Wall Street analyst, and investors are beginning to take notice.
Stephen Kim, the home building analyst at Evercore ISI, wrote in a client note Thursday that some small-cap home builders are trading for under four times projected 2022 per-share earnings. Industry leaders D.R. Horton (Ticker DHI) and Lennar (LEN) fetch around five times projected earnings for this year.
The…
