PulteGroup Stock: Is PHM Outperforming the Consumer Discretionary Sector?

Atlanta, Georgia-based PulteGroup, Inc. (PHM) engages in the homebuilding business. Valued at $23.7 billion by market cap, the company sells and constructs homes, and purchases, develops, and sells residential land and develops active adult communities. PHM also provides mortgage financing, title insurance, and other services to home buyers. 

Companies worth $10 billion or more are generally described as “large-cap stocks,” and PHM definitely fits that description, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the residential construction industry. PHM's brand strength lies in its diverse portfolio catering to various buyer segments, ensuring steady demand. Its financial services arm boosts customer retention and adds revenue streams.