2023 has been a strong year for the stock market as a whole, but one group that has done surprisingly well is homebuilders. Dream Finders Homes(NYSE: DFH) has been a major standout, with its stock more than doubling since the beginning of the year. Here's an overview of how the business is doing and why the stock has done so well (and could potentially do even better).
*Stock prices used were the afternoon prices of Aug. 7, 2023. The video was published on Aug. 8, 2023.
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Matthew Frankel, CFP® has positions in Dream Finders Homes. The Motley Fool has positions in and recommends Dream Finders Homes. The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.