This column was originally published on RealMoney on Sept. 12 at 2:13 p.m. EDT. It's being republished as a bonus for TheStreet.com readers.
Housing-related breakout! Every cohort! Look at
. Look at all the hard-goods makers, the companies that make products that go into homes. They are on fire.
This market is so classic. It gets a theme and runs with it to such an extent that you can make 3%, 4% overnight if you are in the right place.
It is as if every short-seller and every would-be long listened to the
earnings call and looked at the rally in housing stocks and said: "We need exposure to this homebuilding cycle.'
My faves are
Black & Decker
, Fortune Brands,
and Whirlpool. At this pace, they will be too expensive next week!
But it's worth going along for the ride.
At the time of publication, Cramer was long Sears Holdings.
Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click
here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click
here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click
here to get his second book, "You Got Screwed!" and click
here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by
TheStreet.com has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from TheStreet.com.