Jim Cramer: The Playbook Says You Have to Sell the Homebuilder Stocks
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer discussed how the rising 10-year Treasury yield is wreaking havoc on the homebuilder stocks in a Thursday column on Real Money.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer discussed how the rising 10-year Treasury yield is wreaking havoc on the homebuilder stocks in a Thursday column on Real Money.
"Lennar (LEN) is doing very, very well and that has acted incredibly badly and is down a huge amount," Cramer said, in a video from the floor of the New York Stock Exchange. "If you do believe that there is a level where interest rates are going to stabilize, you're going to see this group go up and Lennar is the one."
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