Stocks discussed in Jim Cramer's Stop Trading! TV program, Thursday December 4.
Home Depot (HD), Lowes (LOW), Sears (SHLD), PHLX Housing Sector Index (HGX), Toll Brothers (TOL)
If housing bottoms on June 30, as Cramer predicts, there are three stocks which might rise on the news: Home Depot, Lowes and Sears. Cramer noted HGX, which includes Toll Brothers seems to be finding a bottom now and the market will follow six months from now. “That’s exactly how the market works,” Cramer said. He dismissed bearish comments that Sears may go out of business and said “Things aren’t so bad there.”
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