D.R. Horton, Inc. (DHI) Isn't A Short Squeeze, Says Jim Cramer

We recently published 11 Stocks That Jim Cramer Recently Talked About. D.R. Horton, Inc. (NYSE:DHI) is one of the stocks Jim Cramer recently discussed.

D.R. Horton, Inc. (NYSE:DHI) is an American home building company whose shares jumped by a strong 17% in July after the firm reported its fiscal third quarter earnings. The report saw the firm post strong figures despite a sluggish housing market. D.R. Horton, Inc. (NYSE:DHI)’s revenue and earnings of $9.23 billion and $3.36 beat analyst estimates of $8.76 billion and $2.88. As a result, investors wondered whether they were too pessimistic about the housing market. D.R. Horton, Inc. (NYSE:DHI)’s results also make Cramer’s remarks self-explanatory:

“By the way, Horton’s not a short squeeze.”

In an earlier appearance, Cramer commented on D.R. Horton, Inc. (NYSE:DHI)’s shares and the market sentiment surrounding them:

“And people are willing to forgive today. . .There is a bias today. Towards saying that things are a little bit better. This is not a bad day. . . .Horton, not good, the market likes it. So there is an element of forgiveness today that I want to note for the companies that are reporting.”

While we acknowledge the potential of DHI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.