Reported 2 days ago
In a recent discussion on CNBC, Jim Cramer pointed out potential investment opportunities in Lennar Corporation (NYSE:LEN) as mortgage rates decrease, despite the company's struggles with declining share prices and weak housing demand. Cramer believes that falling rates could benefit homebuilders like Lennar, suggesting that now might be a good time to consider investing in the stock, which is currently off by 8.6% year-to-date.
Source: YAHOO