7 Stocks That Could Surge From LA Wildfires Recovery Efforts

3. PulteGroup (NYSE:PHM)

PHM operates by acquiring land and then building properties on that land, mainly for residential purposes. The company is expected to maintain strong margins through 2025 as confirmed by UBS Securities analysts just last week. The analysts upgraded the stock from Neutral to Buy based on the strength of its margins.

Analysts also believe that homebuilders like PHM have bottomed because the prevailing negativity is unlikely to continue. The lackluster demand and rising inventory should both improve in 2025, helping investors realize value in their investments.

Just last month, JPMorgan also echoed similar sentiments. The bank’s US equity analysts raised the price target on PHM to $153, a 42% upside from current levels. The increasing demand from the LA wildfire damage will likely help the stock go much further than that.