Jim Cramer on TopBuild: “I Still Want to Take a Little Off the Table”

TopBuild Corp. (NYSE:BLD) is one of the stocks Jim Cramer was asked about. When a caller mentioned that they hold a position in the stock, Cramer remarked:

“Well… you know what? It’s 20 times earnings. It’s insulation. That’s a good market. What can I say? I still want to take a little off the table because it has had such a run.”

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TopBuild Corp. (NYSE:BLD) supplies and installs insulation and building materials, including glass, roofing, gutters, and shelving. During the lightning round of the October 16 episode, a caller asked about the stock, and Cramer replied:

“Yeah, okay. Building stock, I can’t, I think the stock is well ahead of where it should be. Even though I like the company, the rest of the cohort is down. I would do some trimming of that stock.”

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Disclosure: None. This article is originally published at Insider Monkey.