This Under-the-Radar Homebuilder Has a Huge Backlog: Here's Why It Could Get Much Bigger
Housing is a massive industry, and it's one that is often overlooked by investors. That's particularly true for homebuilders, a tough, competitive business that requires a lot of debt to buy land to develop, and at the risk of holding that land when the cycle turns down.
Homebuilder NVR (NYSE: NVR) has been an incredible investment for years, and possesses a massive backlog of orders after a huge 40% growth in orders last quarter. On the Nov. 6 edition of "The Wrap" on Motley Fool Live, host Jason Hall, Millionacres contributor and editor Tyler Crowe, and Millionacres editor Deidre Woollard talked about NVR's business, and the reasons why it could get much, much bigger in the years ahead.
Source Fool.com
