u/runninggreeen

I wonder if anyone else has thought about homebuilder stocks such as Len. The P/E ratio is around 12 but if interest rates decline over time I think demand will pick up, margins will improve and historically these stocks typically pay dividends while decreasing share count over time. Timing the bottom is hard but I think owning homes will always be a main goal for many generations. Therefore the demand could remain for decades. Furthermore these stocks can be cyclical. So it’s important to buy when the stock price is down before interest rates go down and company earnings rise.