TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said KB Home (KBH) had a leg up. The company reported better than expected earnings and revenue for its most recent quarter.
"If you own land in places where it's difficult to build - in particular in California where the rules are so difficult, then you have a leg up," Cramer said.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
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