Jim Cramer Reacts to KB Home's Quarterly Results
KB Home shares are up 53% since the start of 2017. TheStreet's Jim Cramer weighs in.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said KB Home (KBH) - Get Report had a leg up. The company reported better than expected earnings and revenue for its most recent quarter.
"If you own land in places where it's difficult to build - in particular in California where the rules are so difficult, then you have a leg up," Cramer said.
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