D.R. Horton, Inc. (NYSE:DHI) is recommended as one of the best cheap stocks for beginners by Wells Fargo analyst Sam Reid, who raised the price target to $190 from $175 on September 2, maintaining an Overweight rating. The company specializes in single-family housing construction and sales across various geographical segments.

After beating earnings expectations, D.R. Horton (DHI) saw a 17% jump in its stock price. The firm adjusted price targets in the homebuilding group, reflecting a positive outlook on interest rates. Generalists are showing increased interest in the sector, driving up valuations.

While D.R. Horton (DHI) presents investment potential, some AI stocks may offer greater growth opportunities with lower risks. Investors looking for undervalued AI stocks can explore the report on the best short-term AI stock. The company stands to benefit from Trump-era tariffs and onshoring trends.

For more stock recommendations, check out the articles on 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now on Insider Monkey. This article contains no disclosures and was originally published on Insider Monkey’s website.

Read more at Yahoo Finance: Wells Fargo Lifts PT on D.R. Horton (DHI) to $190 From $175