Lennar (LEN) Downgrade is Due to High Rates, Says Jim Cramer
We recently published 10 Stocks Jim Cramer Talked About. Lennar Corporation (NYSE:LEN) is one of the stocks on Jim Cramer talked about. Lennar Corporation (NYSE:LEN) is another homebuilding stock that has struggled. Over the year, its shares are flat, but year-to-date they are up by 15%. January has proven to be an important month for the firm after it sold a stake in its multifamily business to asset management firm TPG, which also committed an additional $1 billion. On the 7th, Citizens Financial downg ...