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Jim Cramer on PulteGroup, Inc. (PHM): 'The Big Home Builder Reported What Looked Like A Jim-dandy Quarter'

By Yahoo! Finance   |   Oct 25, 2024 at 05:44 PM EST
Jim Cramer on PulteGroup, Inc. (PHM): 'The Big Home Builder Reported What Looked Like A Jim-dandy Quarter'

Jim Cramer analyzed the market activity, highlighting concerns about rising bond yields affecting Big Tech stocks' performance. He explained how investors shift to established tech giants when bond prices plummet. Cramer noted that disappointing earnings reports led to a rotation back to growth stocks amid a backdrop of strong employment and rate cuts.

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