For Cramer, the S&P’s seventh-best performer was also one of the most surprising. Shares of homebuilder D.R. Horton ran 87 percent in 2017 despite some contradictory economic action.
“These are precisely the stocks that must be sold as soon as the Fed starts tightening,” the “Mad Money” host said.
But with mortgage rates not yet reflecting the Fed’s latest interest rate hike, a housing shortage sweeping the country and the new tax code’s passing igniting domestic stocks, D.R. Horton’s gains can be justified, Cramer said.
“Finally, as the largest homebuilder by volume with a low price point for their houses, DR Horton’s the ideal company for, yes, millennials, who at long last are moving out of expensive rental apartments or their parents’ basements,” Cramer added.