TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer reacts to a host of strong consumer earnings reports from Toll Brothers (TOL) - Get Report , Target (TGT) - Get Report and Lowe's (LOW) - Get Report .
Here are Cramer's thoughts:
- Toll Brothers: Home prices are going up and lumber prices have declined
- Lowe's: The stock dropped after earnings, but soon recovered. "[The decline is from] people who don't do homework," Cramer noted.
- Target: Cramer thought Target was terrific. The company posted a 41% year-over-year rise in digital sales. (Target is Real Money's stock of the day.)