Jim Cramer Discusses Lennar (LEN) & A Gift To President Trump

Published on June 23, 2026 at 2:56 am by Ramish Cheema in News

We recently published Jim Cramer Discussed Expensive Phones, A Cheap Stock Sector & These 18 Stocks. Lennar Corporation (NYSE:LEN) is one of the stocks discussed by Jim Cramer.

Homebuilding giant Lennar Corporation (NYSE:LEN)’s shares are down by a strong 15.7% over the past year and 13.9% year-to-date. RBC Capital reduced the firm’s share price target to $85 from $88 and kept an Underperform rating. In its coverage, the financial firm discussed Lennar Corporation (NYSE:LEN)’s third-quarter guidance and the turmoil in the housing market, which led to the weaker-than-expected estimates. RBC added that sales incentives to spur growth might not last due to pricing pressures and the need to reduce prices. Ahead of Lennar Corporation (NYSE:LEN)’s second-quarter earnings, Bank of America reduced the firm’s share price target to $84 from $88 and kept an Underperform rating on the shares. Cramer discussed the earnings report in the context of a potential improvement in inflation as a gift for President Trump:

“He’s [Trump] maybe getting a gift, if you go through the Lennar quarter, which people, it kind of just happened. . .it just seems like even housing could come down.”