Cramer's 'Stop Trading!': How to Play Housing

Jim Cramer offers up several housing plays, including Macy's and Sherwin-Williams.
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NEW YORK (TheStreet) -- Jim Cramer offered up several housing plays on CNBC's "Stop Trading!" segment. First up was timber company Weyerhaeuser (WY) - Get Report, which Cramer has been buying for his Action Alerts PLUS charitable trust. "We're now at the stage where wood is going to be worth more," he said. "Louisiana-Pacific (LPX) - Get Report tripled, and that's not nearly the company" that Weyerhaeuser is.

Next up was "another wacky one":

Macy's

(M) - Get Report

. "Everything at Macy's was really good," said Cramer, except "the big, expensive stuff," such as furniture. But he said that can pick up, too, "which is why Macy's can be propelled further."

Cramer took a paint angle on housing with

Sherwin-Williams

(SHW) - Get Report

. "When you buy a house, you throw a coat of paint on it," he said. "When you're trying to sell it, you throw a coat of paint on it."

Finally, he touched on the biggest homeowners in the country: banks such as

Bank of America

(BAC) - Get Report

and

JPMorgan

(JPM) - Get Report

. "They've got the inventory, and suddenly it's been marked down to extremes, particularly in the case of JPMorgan," said Cramer.

-- Written by Rebecca Corvino in New York.