Anywhere Real Estate Inc. (NYSE:HOUS) is one of the stocks Jim Cramer offered insights on. Answering a caller’s query about the stock, Cramer commented:
“Yeah, you know what? I know those guys because my wife sold real estate. I don’t want to be in that group. I think that you really need a much hotter market to be able to justify being in that. I’m going to take a pass. It just doesn’t seem right for me right now.”
Pixabay/Public Domain
Anywhere Real Estate Inc. (NYSE:HOUS) provides residential real estate services, including franchising well-known brands, full-service brokerage, relocation support, and title and settlement services. On December 8, Barclays raised its price target for the company’s stock to $19 from $13 and kept an Equal Weight rating. Barclays expects single-family housing starts to keep falling. However, it sees opportunities for building products and brokerage stocks to do well even if new home construction stays weak.
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Disclosure: None. This article is originally published at Insider Monkey.