D R Horton (DHI) NewsBite - One of Today's Top Gainers
Posted: Tuesday, February 02, 2010 2:35 PM EDT
By: Market Intelligence Center Staff
D R Horton (DHI) leads the list of top gainers so far today and is now at $13.26, up $1.35 (11.34%) on volume of 20,748,702 shares traded. The stock is rising on the heels of a better-than-expected Q1 earnings report. Over the last 52 weeks the stock has ranged from a low of $5.73 to a high of $13.90. D R Horton stock has been showing support around $11.45 and resistance in the $12.27 range. Technical indicators for the stock are bullish and S&P gives DHI a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on DHI the stock seems like it could be a candidate for a May out-of-the-money bull-put credit spread below the 11 range. [ABR-Seven Summits Strategic Investments NewsBite]
CLICK HERE: FREE D R Horton (DHI) Stock ReportSee what our analysts have uncovered about D R Horton (DHI).