, Jim Cramer said Tuesday on CNBC's Stop Trading! segment.
Cramer said investors shouldn't buy homebuilders in general off the Fed's 50-basis-point rate cut, but he believes Hovnanian could get taken out by
, which he calls the only well-managed company in the group. Cramer says writedowns at Hovnanian have been sufficient to make the stock worth a flier.
Cramer also reiterated he likes
off a fed funds cut.
At the time of publication, Cramer had no position in stocks mentioned.
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