Jim Cramer Discusses These 11 Stocks & Reveals Why Tech Stocks Are Down

4. Lennar Corporation (NYSE:LEN)

Number of Hedge Fund Holders In Q4 2024: 70

Lennar Corporation (NYSE:LEN) is a frequent feature of Cramer’s morning show. He has shared that the firm is using AI to optimize its workforce allocations and remained overall positive about the company. Lennar Corporation (NYSE:LEN)’s shares are down by 5.3% year-to-date due to declining sentiment about the US economy. Cramer has also commented that the firm will be crucial for building affordable homes in America. Here are his latest comments:

“[On a recent downgrade from Evercore] Yeah, I’ll tell you why. Remember I was talking about how, people didn’t like Micron, and they didn’t like FedEx last week. . . Now, David, here’s a downgrade about Lennar. Lennar bucked the trend. As rates went up, very rarely have you ever seen homebuilder stocks go up. Now, rates are allegedly coming down, right. And you usually are supposed to buy these stocks. Everyone downgraded Lennar after that quarter. So, I think you would say, well where were you guys at 180, but now, at 115 they’re all against it. I’m beginning to think you have to take the other side of the trade. I know that the costs are going up because of the tariffs. I know that rates are not coming down the way they want them. However, when you look at valuation, they’re suddenly becoming worth a lot more than I thought. And so I don’t wanna throw away Lennar.”

“Lennar has the ability to actually make a lot more homes. So if we want to fixate just on gross margins, maybe we’re missing the larger picture. Which is that, we don’t have enough homes. And they’re a beneficiary. Be more thoughtful about your downgrades, please.”