
407% GAIN ON HOME BUILDER KBH — BREAKOUT ON TRUMP AND INTEREST RATE CUT ENTHUSIASM
By Nigam Arora & Dr. Natasha Arora KB Home stock (KBH) is long from $16.15. It is trading at $81.96 as of this writing, representing a 407% gain. Trump Enthusiasm There is enthusiasm in home builder KBH stock. KBH is seeing extremely aggressive buying on expectations of another Trump presidency and potential interest rate cuts. The expectation is that Trump will hammer the Fed to cut rates quickly if he is re-elected. Breakout Following technical analysis, KBH stock has broken out. Earnings KHB reported above consensus earnings in Q2. Note the following: Demand is healthy. Mortgage rate volatility is not tempering demand.






