Meritage Homes: A Building Stock For All Seasons
New home being built with wood plank, trusses and assorted suppliesgettyI originally made Meritage Homes (MTH) a Long Idea in June 2020 and reiterated my bullish thesis on the stock many times since.Meritage Homes, is steadily taking market share, building and delivering homes faster, all the while returning capital to shareholders through dividends and repurchases. Despite an uncertain housing outlook in the short-term, my thesis remains intact, and the stock remains undervalued.MTH offers favorable Risk/R ...