Jim Cramer Prefers Home Depot Over Fortune Brands as a Housing Play

Fortune Brands Innovations, Inc. (NYSE:FBIN) is one of the stocks Jim Cramer shared his takes on. The last caller of the lightning round inquired about Cramer’s thoughts on the stock, and he stated:

“Okay, the problem is that no matter how good, look, Nick Fink is terrific, but no, it doesn’t matter how much he does, it’s still a housing play. That’s why we own Home Depot. I think it’s a better way to own it and Home Depot, you know, has historically went up ahead of when the Fed cuts. So, I’d like to be in that one more than I would like to be in Fortune Brands.”

Stock market reports printed on a sheet of paper. Photo by RDNE Stock Project on Pexels

Fortune Brands Innovations, Inc. (NYSE:FBIN) manufactures and sells home and security products, including faucets, doors, decking, locks, and safes.

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