Cramer's Three Best Plays On Housing
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Date updated:08-27-2009

"You should hope the whole market comes down for a chance to buy these three before the big mark-up comes starting tomorrow." - Jim Cramer

symbol name last price % change open
  • +
  • TOL
    Toll Brothers Inc
  • $19.86
  • -0.80%
  • $20.25

What do you buy when housing prices are going up but rates are stable? Do you buy Toll Brothers (TOL)? Lennar (LEN)? How about Hovnanian (HOV)? Who owns the most homes, isn't that what you want, someone who is the biggest homeowner?

People owning TOL also tend to own: AFCEATARBLBPGFRNGEGGEMS

TheStreet.com Rating: D+ What is this?

  • +
  • LEN
    Lennar Cp Cl A
  • $13.65
  • -0.15%
  • $14.00

What do you buy when housing prices are going up but rates are stable? Do you buy Toll Brothers (TOL)? Lennar (LEN)? How about Hovnanian (HOV)? Who owns the most homes, isn't that what you want, someone who is the biggest homeowner?

People owning LEN also tend to own: DEBSDLXEXPOHRBKCPLIZMDC

TheStreet.com Rating: D+ What is this?

  • +
  • HOV
    Hovnanian Ent Inc
  • $4.06
  • 0.00%
  • $4.11

What do you buy when housing prices are going up but rates are stable? Do you buy Toll Brothers (TOL)? Lennar (LEN)? How about Hovnanian (HOV)? Who owns the most homes, isn't that what you want, someone who is the biggest homeowner?

People owning HOV also tend to own: AETBZHCGIFBPKBHLUKMDC

TheStreet.com Rating: D- What is this?

  • +
  • WFC
    Wells Fargo & Co
  • $28.07
  • +0.72%
  • $28.22

OK, I have three of them: Wells Fargo (WFC) courtesy of the reckless lending of Golden West, with that ridiculous "pick and no pay" plan; Bank of America (BAC), courtesy of its Countrywide acquisition, which was awful and has been a huge drag to the company but is now a drag no longer; and JPMorgan (JPM), where it looks like Jamie Dimon bought the stupendously horrible Washington Mutual and wrote the home portfolio right about to where it was before the index bottomed.

People owning WFC also tend to own: ACEBACCCBCOPCVXDIS

TheStreet.com Rating: C What is this?

  • +
  • BAC
    Bk Of America Cp
  • $16.29
  • +1.24%
  • $16.28

OK, I have three of them: Wells Fargo (WFC) courtesy of the reckless lending of Golden West, with that ridiculous "pick and no pay" plan; Bank of America (BAC), courtesy of its Countrywide acquisition, which was awful and has been a huge drag to the company but is now a drag no longer; and JPMorgan (JPM), where it looks like Jamie Dimon bought the stupendously horrible Washington Mutual and wrote the home portfolio right about to where it was before the index bottomed.

People owning BAC also tend to own: AAADPAVPBRK-BBUDCSCOCX

TheStreet.com Rating: C- What is this?

  • +
  • JPM
    Jp Morgan Chase C
  • $43.28
  • +1.93%
  • $42.95

OK, I have three of them: Wells Fargo (WFC) courtesy of the reckless lending of Golden West, with that ridiculous "pick and no pay" plan; Bank of America (BAC), courtesy of its Countrywide acquisition, which was awful and has been a huge drag to the company but is now a drag no longer; and JPMorgan (JPM), where it looks like Jamie Dimon bought the stupendously horrible Washington Mutual and wrote the home portfolio right about to where it was before the index bottomed.

People owning JPM also tend to own: AAAIGIBMINTCJNJKOMSFT

TheStreet.com Rating: B- What is this?

Portfolio not tracked!

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