Jim Cramer Discusses These 12 Stocks & Says Mag 7 Stocks Are A Thing Of The Past

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2. Lennar Corporation (NYSE:LEN)

Number of Hedge Fund Holders In Q4 2024: 70

Lennar Corporation (NYSE:LEN) is a large American home-building company whose stock responds to the interest rate environment. Its shares have dropped by 2.4% year-to-date and by 20% over the past year. In his previous remarks about the firm, Cramer has revealed that Lennar Corporation (NYSE:LEN) is using AI to help streamline its workforce. He has also cited data from the firm to share that housing prices might drop in America. Here are his latest comments:

“Lennar was downgraded. Well, thanks for nothing. I mean the home-builders are just, they’ve crashed. What happens if we have two weeks of good, we should call Doug Yearley. If they have two weeks of good selling season because I mean Axios has a piece today about how, how terrible housing is. I mean mortgage rates have come down, and housing’s come down. I love Axios, but you know I deal with week to week. Or day to day of housing.”

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