Housebuilders & The Santa Claus Rally
Consumer Discretionary
Will it work this year? Yes! - sector expert, Alex Barron, explains why the fundamental set-up for builders is so compelling and believes the trade could outperform historical averages: 3-month hold (Nov 1-Jan 31), HB Index Avg. Return 20.2% (74% success rate in last 34 years); 2-month hold (Dec 1-Jan 31) Avg. Return 15.7% (74% success). Alex also sees substantial upside in the group over the next 12 months (Avg. Return 47.6%). Stocks with the biggest upside include Hovnanian Enterprises, M/I Homes and Meritage Homes.
Edition: 123
- 12 November, 2021