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Valued at a market cap of $21.3 billion, PulteGroup, Inc. (PHM) engages in the homebuilding business. Based in Atlanta, Georgia, the company acquires and develops land primarily for residential purposes and constructs housing on such land. It has two segments: Homebuilding and Financial Services.
Companies valued at $10 billion or more are generally labeled as “large-cap” stocks, and PulteGroup fits this criterion perfectly. Through its brand portfolio that includes Centex, Pulte Homes, Del Webb, DiVosta Homes, American West, and John Wieland Homes and Neighborhoods, the company operates in more than 45 markets throughout the country.