D.R. Horton, Shake Shack And A Home Construction Company Up 32% This Year: CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Joshua Brown of Ritholtz Wealth Management named Shake Shack Inc. SHAK as his final trade.

TD Cowen analyst Andrew Charles recently reiterated Shake Shack with a Market Perform and maintained a $75 price target.

Liz Young of BNY Mellon Investment Management picked Health Care Select Sector SPDR Fund XLV.

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Joseph Terranova of Virtus Investment Partners named D.R. Horton, Inc. HUM, saying "stay with homebuilders."

D.R. Horton reported sales of $7.97 billion, a slight decline of 0.33% year-over-year, beating the consensus of $6.47 billion, for the second quarter of 2023.

Benzinga's analyst rating data shows a consensus Outperform rating on HUM.

Stephen Weiss of Short Hills Capital Partners said Lennar Corporation LEN reported great quarterly numbers.

Lennar reported better-than-expected second-quarter results and raised its full-year outlook, the company's stock is up 32% year to date.

Price Action: Lennar shares rose 1.3% to settle at $121.58, while D.R. Horton shares rose 1.7% to close at $118.32 on Tuesday. Shake Shack shares gained 4% to close at $73.99 during Tuesday’s session.

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Posted In: Long IdeasNewsMarketsMediaTrading IdeasCNBCHalftime Report Final TradesJoseph TerranovaJoshua BrownStephen Weiss
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