Jim Cramer: Buy Lennar, Sprint, and Bery Plastics, But Sell These 2 Stocks

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Lennar (NYSE:LEN): Cramer ranked Lennar a Buy. Trading at just over $36, the company has rebounded this month from a decline that was most prevalent during the early months of this summer. Cramer sat down with Stuart Miller, the CEO of Lennar, who said that the main driver in demand within the housing industry in the short term was the need to make up for lost production during the economic downturn of recent years. With low interest rates set to fuel additional growth in the industry, Miller said that Lennar’s long-term prospects were strong as well.

LEN 20130925

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business