RealMoney Radio Recap: A Reason to Buy
08/17/06 - 02:57 PM EDT
"Every media outlet says housing is finished," Cramer said. "Naturally you would think that anything related to it will get hit as well, but not anymore as the Fed stops raising rates."
Masco (MAS Quote) is "rallying a bit," American Standard (ASD Quote) is starting to go up, and even Black & Decker (BDK Quote) is doing well, he said. What Cramer sees happening is that if the Fed quits raising rates and housing picks up, people will start to fix up their houses using products from these companies, he said. When people can't sell their houses, they fix them up, he said. Cramer doesn't believe these companies are going to go any lower; instead, they're ready to go up, which is why he recommends people make small purchases in them.



