D.R. Horton Added to ‘Conviction Buy’ List at Goldman Sachs

By Andrew Rummer

Aug. 7 (Bloomberg) -- D.R. Horton Inc., the largest U.S. homebuilder by sales, was added to Goldman Sachs Group Inc.’s “conviction buy” list.

“It appears to be the best-positioned company to benefit from the nearing expiration of the federal housing stimulus, given its industry-low price point and its 2,300 completed, ready-for-sale homes,” the brokerage wrote in a report today.