25 Stocks Jim Cramer Recently Shared Insights On

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

Number of Hedge Fund Holders: 59

Toll Brothers, Inc. (NYSE:TOL) is one of the 25 stocks Jim Cramer recently shared insights on. During the episode, Cramer noted that the company had a “magnificent quarter.” He commented:

“Now that we’ve identified the distinctly counter-trend rally, one that could last for a bit of time, let’s consider what the best breed of those industries are, so maybe we can do some buying still. Housing, we’re going with Toll Brothers, which had a magnificent quarter and is so well run by Doug the Bomb Yearley that I see no reason to stray from this high-end home builder. There’s something soothing about buying a company that makes million-dollar homes when the people who can afford these homes just got an enormous tax cut.”

Toll Brothers (NYSE:TOL) designs and builds luxury homes and condominiums, and provides customized interior options and amenities. The company also offers related services, including financing, smart home technology, and construction components. Around a week ago, Cramer was quite bearish on the company as well as the housing market, as he remarked:

“Alright, now, the losers. Let’s start with housing. We’re seeing anemic new housing starts. We’ve seen terrible mortgage numbers. The home builders have put up awful reports. Inventories are beginning to rise at some of the big builders, so they’re cutting price. Home building is a terrible business right now. You can’t touch this group until the Fed starts cutting rates. Toll Brothers, Lennar, KB Home, all weaker, all toxic.”