15 Stocks on Jim Cramer’s Radar

6. Toll Brothers, Inc. (NYSE:TOL)

Number of Hedge Fund Holders: 64

Cramer mentioned that he thinks that Toll Brothers, Inc. (NYSE:TOL) will report good numbers, as he said:

“Hey, one thing is for certain: nobody cares for the home builders. This group’s been down so long, it almost looks up to me. Consider the case of Toll Brothers, the highest-end home builder. Toll reports on Tuesday evening. I think the numbers are going to be real darn good. I think the stock should be able to bounce.

The chart looks terrific, but the company will most likely have to be restrained with its guidance because there’s still pervasive sense of negativity out there. At seven times earnings, though, I think you want to own this one, even if their forecast isn’t a thing of beauty. Yes, I know when it’s seven times earnings, that means it probably will not have a higher forecast, but maybe it’s just time to pull the trigger on some.”

Toll Brothers (NYSE:TOL) specializes in building upscale homes, including single-story houses and condominiums. The company also develops residential communities that feature a range of amenities.