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One Great Reason to Buy Lennar Stock


National home construction giant Lennar (NYSE: LEN) finished 2020 on quite a roll. The company's fiscal fourth-quarter 2020 earnings report, released in mid-December, revealed a healthy advance in net income in an environment characterized by strong housing demand. Shares rose nearly 30% last year, and the company has entered 2021 positioned to capitalize on a robust order book and favorable residential home-buying trends that have received a boost during the COVID-19 pandemic.

Let's review Lennar's recent performance and related implications for the current year, and one reason why Lennar is presently one of the most attractive stocks in the home construction sector.

Image source: Getty Images.

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Source Fool.com

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