Cramer's Stop Trading! 6 Home Improvement and Rebuilding Plays (6/2/11)

 |  Includes: HD, LOW, MASC, OC, SWK, WY
by: Miriam Metzinger

Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Thursday June 2.

Masco (NASDAQ:MASC), Owens Corning (NYSE:OC), Stanley Black & Decker (NYSE:SWK), Home Depot (NYSE:HD), Lowe's (NYSE:LOW), Weyerhaeuser (NYSE:WY)

Cabinetry will move the needle for Masco (MASC), which has seen its stock fall on slow housing starts. Cramer thinks Masco is headed up, but Owens Corning (OC) has already seen a huge run and may decline. Cramer likes OC as a highly diversified company, but the perception is that it is just a roofing company. Stanley Black & Decker (SWK) is taking significant share as a combined company and has a huge presence in Home Depot (HD) and Lowe's (LOW). Of HD and LOW, Cramer thinks HD is the better company since it has just undertaken a major restructuring. It is one of the few retailers that managed to stay afloat during the downturn. However, Cramer would not give up on Lowe's, which has declined and may be headed back up.

Cramer likes Weyerhaeuser, (WY), particularly on the rebuilding in Japan, and it is a very stable, well-run REIT. Its stock price is depressed because it has been sold off unfairly.


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