Momentum Stock: Taylor Morrison Home Corporation

23 มิ.ย. 2023

Taylor Morrison Home Corporation is a national homebuilder and land developer in the U.S., specializing in the construction and sale of single-family detached and attached homes. The company's investment appeal lies in its strategic expansion across desirable real estate markets, providing geographical diversification and resilience against localized market downturns. Further bolstering its attractiveness to investors, Taylor Morrison has a strong commitment to customer satisfaction and quality homes, alongside robust financial performance. Its emphasis on sustainable practices aligns with growing ESG investment trends, making it an intriguing choice for investors seeking stability, growth, and sustainability within a single investment.

In terms of any kind of short term entry, I would want to wait for a pullback with an indication of the uptrend continuing in order to get better value. The RSI and MACD are both pretty high at the moment which you would expect for a momentum stock, but you can see where they have dipped down to in the past and where better value for an entry might be found.

For risk management, a trailing stop loss of around 12% would have kept you in most of this trade. If it broke below that it could have been a good sign to exit and look for a new entry when the trend resumed.

As always how you interpret and decide to act on any results is up to you. This is just data not financial or trading advice and past performance is in no way any guarantee of future performance. Think of it as a way to spot stocks you might be interested in and can add to your watch list and perform further research on and or discuss with your broker.

Again. Not trading advice. Industries and companies change. Trends can end. Do your own research / discuss it with your advisor, but might be one to watch.

23 มิ.ย. 2023

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