LGI Homes: Stable Growth For A Very Low Price

Summary

• LGIH has a unique business model with high gross margins.
• Attractive valuation and profitability indicators.
• The company posted revenue gains even during the housing crash in 2006-2008.

LGI Homes (NASDAQ:LGIH) designs, constructs and sells new homes in Texas, Arizona, Florida, Georgia, New Mexico, South Carolina, North Carolina and Colorado. It was founded in 2003 by Tom Lipar, who still holds a 6.3% stake in the business.


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