9 Stocks on Jim Cramer’s Radar include D.R. Horton, Inc. (NYSE:DHI). The company is one of the largest homebuilders in America, with shares up by 13.6% over the past year. Wells Fargo recently downgraded the stock due to inventory buildup and discounting in the industry.
Jim Cramer attributes D.R. Horton (DHI) downgrade to high interest rates. He notes that research firms are downgrading housing stocks like Horton and Lennar due to the impact of rising rates. Cramer emphasizes the difficulty in buying starter homes and the lack of traction in the market.
While DHI shows promise as an investment, some AI stocks may offer higher returns with limited downside risk. Investors seeking cheap AI stocks can explore opportunities in companies benefiting from Trump tariffs and onshoring. Consider researching the best short-term AI stock for potential growth.
For more insights on potential stock opportunities, check out “30 Stocks That Should Double in 3 Years” and “11 Hidden AI Stocks to Buy Right Now.” This article is originally published at Insider Monkey. No disclosures are provided in this report.
Read more at Yahoo Finance: D.R. Horton (DHI) Downgrade is Due to High Rates, Says Jim Cramer
