Homebuilders On The Rise; Cramer Says "I Would Even Consider Buying A House"
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Homebuilders continue to bounce off multi-year lows today with Standard Pacific (NYSE: SPF) and Pulte Homes Inc. (NYSE: PHM) leading the way. The stocks are benefiting from yesterday's 50bp rate cut which followed the 75 bp cut on 1/22.
On Mad Money last night, Jim Cramer said he would even consider buying a house now following the aggressive fed moves.
Other homebuilders: Centex (NYSE: CTX), D.R. Horton (NYSE: DHI), KB Home (NYSE: KBH), Lennar (NYSE: LEN), Ryland (NYSE: RYL), Standard Pacific (NYSE: SPF), Meritage Homes Corporation (NYSE: MTH), Toll Brothers (NYSE: TOL), Hovnanian (NYSE: HOV), Beazer (NYSE: BZH).
On Mad Money last night, Jim Cramer said he would even consider buying a house now following the aggressive fed moves.
Other homebuilders: Centex (NYSE: CTX), D.R. Horton (NYSE: DHI), KB Home (NYSE: KBH), Lennar (NYSE: LEN), Ryland (NYSE: RYL), Standard Pacific (NYSE: SPF), Meritage Homes Corporation (NYSE: MTH), Toll Brothers (NYSE: TOL), Hovnanian (NYSE: HOV), Beazer (NYSE: BZH).
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