We recently published a list of 8 Stocks on Jim Cramer’s Radar. In this article, we are going to take a look at where KB Home (NYSE:KBH) stands against other stocks on Jim Cramer’s radar.
On Monday, Jim Cramer, the host of Mad Money, provided his analysis of the day’s market activity, highlighting that stocks had rebounded due to growing investor optimism that a clearer global trade outlook could be emerging.
“Declaring victory while you’re still playing is a dangerous game unless you’re President Trump. Today felt a lot like a declared victory…. The victory I’m talking about is a nonstop commitment by companies to building things here, things that otherwise wouldn’t be built here. You gotta admit that it’s pretty amazing.”
READ ALSO: Jim Cramer Focused On These 9 Stocks Recently and Jim Cramer Talked About 7 Stocks & Stagflation Fears
Cramer also observed a shift in how companies now approach doing business in the U.S. He noted that companies now have a clear set of expectations to meet if they want access to American markets. As he put it, “They just gotta play ball with Trump and with our country,” following years of enjoying an unbalanced advantage.
According to Cramer, the stock market has always had a keen understanding of President Donald Trump since it recognized his determination to revive American manufacturing via tariffs, making it one of his main focuses.
“And now that we’re getting these announcements, he’s suddenly willing to be more targeted with his tariffs, declaring victory.”
In trying to understand why the shift is happening now, Cramer noted two main reasons. First, the April 2nd tariff deadline is fast approaching, which has spurred foreign companies to line up one by one to demonstrate their desire to maintain access to U.S. markets. Cramer noted that the companies know that to keep those doors open, they will need to be willing to make concessions. He then added:
“Second, Trump’s been listening. Now he’s seen executive after executive from American companies and he’s asked them what he can do to help their businesses do better. He doesn’t want to harm U.S. companies that hire here and expand here. He does want to harm those that don’t.”
Our Methodology
For this article, we compiled a list of 8 stocks that were discussed by Jim Cramer during the episode of Mad Money aired on March 24. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the fourth quarter of 2024, which was taken from Insider Monkey’s database of over 1,000 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
KB Home (NYSE:KBH)
Number of Hedge Fund Holders: 32
Cramer commented on KB Home (NYSE:KBH) during the episode and said:
“I know that Mark Carney, new Canadian prime minister… he’s got a snap election coming up, isn’t going to play ball with an election coming up. No. Therefore, lumber’s in play. And I think the rally in the home builders has some danger to it, especially after KB Home reported just so-so number tonight. I think the reciprocity, I didn’t, I’ve not heard a lot of reciprocity between the United States and Canada. They’re very unhappy [with] that 51st State rhetoric. I can’t blame them.”
KB Home (NYSE:KBH) is a homebuilder that constructs and sells various types of homes, in addition to providing financial services including insurance, title services, and mortgage banking.
Overall, KBH ranks 8th on our list of stocks on Jim Cramer’s radar. While we acknowledge the potential of KBH as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than KBH but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
