Meritage Homes (MTH) benefits from its focus on entry-level housing and efficient spec home strategy amidst industry challenges.
The P/B ratio helps to identify low-priced stocks with high growth prospects. ASE Technology (ASX), Paysafe Limited (PSFE), The ODP Corporation (ODP), Deluxe (DLX) and KB Home (KBH) are some such stocks.
CNBC's Jim Cramer is bullish on homebuilders despite recent stock performance. Cramer analyzed earnings reports from Lennar and KB Home, which reported last week. While Wall Street favored KB Home, Cramer expressed optimism for both companies and the homebuilding sector. "Interest rates might stay elevated, but the housing shortage remains a significant factor," Cramer said. Don't Miss: Will the surge continue or decline on real estate prices? People are finding out about risk-free real estate i