On CNBC's "Cramer's Mad Dash" segment TheStreet's Jim Cramer, portfolio manager of the Action Alerts PLUS Charitable Trust Portfolio, Cramer said Toll Brothers was a bright spot amid an industry that has not performed well.
"Toll reported today and I liked what they said," Cramer said.
He noted that when you back out the all the charges, you had earnings of $1.05 compared with 99 cents, the home builder bought back 8% of its stock this fiscal year, the numbers for growth look "very, very good," and the backlog is up 14%, pointing to an increase of orders.
In regard to Toll, Cramer said, "If this one lasts, there is a lot of pin action off of it."
At the time of publication, Cramer's Action Alerts PLUS had no position in companies mentioned.