today's trader lineup, guy and -- tonight on fast following lennar and crowdstrike. on the move.h his next best idea why he thinks this chip stock is ready to rip. later move over jim rayburn, google him if you don't know him. we're playing the mismatch game, pairing up stock that ha

. >> you are backed by the home building giant lennar, and you have currently 1% of the title market, and that is not a lot, but it means a lot of runway there. and why are you backed by lennar, and what is the team bringing to the table that you didn't have before >> we partnered with them a couple of years ago when we bought from them one of the largest nationally licensed insurance carriers, title carriers and locally affiliated title companies and we made lennar a title holder, and that is why this business has gone from zero in revenue in 2018 to a million and well on the way to 500 million in 2023. >> what do you do with the money with the proceeds and a pipe to pay off the early investors as well, but what is the next step for you, max >> most of the capital is going to go on to the balance sheet as you mentioned, phenomenal new investors like blackrock, and the gores group, and lennar is investing and in terms of the capito capital, we want to invest to the self-invested plan to take to us 550 to go to multiple paths to go to a billion to billion and a half of revenue in the n

lennar and horton are the two biggest. et cetera. the new increases they have which are mostly in lumber they're able to pass along so i think still at a 9 multiple considering it's less than half the market multiple, lennar is a very good value. >> tell us about the next stock? >> they're the second largest of nbc stations the stock today closed -- it closed down at 146 we think they're going to earn about 15.50. it's a nonpolitical year this year that's still a 9.4 multiple. most of the broadcasters, the earnings cave in after a presidential election. their revenue is only going to be down a little over 1.5% they have 198 stations they're in 8 of the top 10 demographic markets like los angeles, new york and chicago. they cover the maximum they have 39% of homes utilizing television sets. they generate over a billion a year in free cash flow on a price to enterprise value, it's very cheap, selling 7.4 times trailing if you look at next year, they should do exceedingly well the earnings estimates are $23, which puts it a l

horton which is beginning to recover i would look to enter lennar >> okay. good stuff thanks for that, joe brenda, you've been leaning more cyclically lately. is that where you still think the best opportunities are right now? >> we still think the best opportunities are on the cyclical side and they've underperformed pretty meaningfully, but i don't think it's time to completely abandon tech so we still do have tech exposure within our allocation certainly anyone who has benchmarked to the s&p 500 cannot ignore technology and i think it's become a bit of a safety trade at times whenever there's a growth scare and that group begins to work more meaningfully with the apples and the microsofts of the world and the recent market pullback has created an opportunity for anyone that hasn't been exposed to add exposure and we've been doing that for clients of ours that have been putting capital to work where this is a good opportunity to start establishing those names i think it's exposure to both and we have seen the tilt on the cyclical side without abandoning th

. >>> breaking news on lennar, the home builder. >> the spac craze hitting.he share in the u.s top tier investors include lennar, one of the nation's largest home builders and the cofounder of zillow and fidelity group have committed as well as wells fargo. >>> lyft shares higher after releasinged 8k filing moments ago saying ride sharing demands is surging earlier than expected joining us now, lyft's cfo along with deirdre bosa. >> thank you for joining us right after this news. yesterday uber's ceo said the green chutes they were seeing were encouraging but it was too early to tell. what makes lyft so confident that your recovery is more than just green chutes, that it might be some inflection point does that bring your profitability time line forward once again. >> thank you for having me lyft were excited to announce we had our best week for ride share rides since the pandemic despite the severe winter storms that impacted so many states across the u.s., average daily ride share ride buying increased 4% month over monday if you were to normalize for the s

today's trader lineup, guy and -- tonight on fast following lennar and crowdstrike. on the move. we're dive into their quarter straight ahead guy is stepping up to pitch his next best idea why he thinks this chip stock is ready to rip. later move over jim rayburn, google him if you don't know him. we're playing the mismatch game, pairing up stock that has nothing in common except one thing, valuation find out which mismatch pairs is the better buy but we start on breaking news with uber. >>> on an sec tieing uber will reclassify uk-base drivers as worker, entitled to certain benefits but not full employees. it will increase uber cost but still adjusting e profit anal -- profitability with trade down two percent. this comes after five years where uber fought to keep independent contractors in the uk it does face other battles around the world in an op ed that was just published the ceo doesn't expect to be pat on the back for his decision but does hope it shows a willingness to change we'll see if that's the case as he confronts more regulatory battles here and abroad. >> all righ

. >> a really good home builder that never gets talked about i talk too much about lennar and i likeatt in new york, matt >> caller: jimmy chill. >> yo? >> caller: second time caller. >> okay. >> caller: big time fan. a company i'm calling about this time has a ton of free cash, great ceo behind it but company is down 33% in a month 77% in six months but hold your breath, given biden's infrastructure plan, i'm wondering if i'll be left holding the bag or sell my position or hold it. >> a lot of people on my twitter feed want to know. i don't think you sell it here you can get a bounce these stocks are way too low but i hear you it been tough. that, ladies and gentlemen is the conclusion of the lightning round. >> announcer: the lightning round is sponsored by td ameritrade coming up, it's been over a year of learning and relearning about covid-19 so what behaviors will stay with us long after this pandemic is over cramer is giving his take on trends to watch once we enter the post covid world, next ♪ ♪ ♪ ♪ ♪ >>> all right. in the last year we've learned a lot about pandemics includin

all these stories are powered by technology but we're argument lennar called it self-technology awarenvests in tech boom stock shoots up 14%. never done that before as it gets rerated as atech stock on the fly angie made a compelling case, i thought, for being a technology powered home servicing company, not a handyman's list. these companies can only pull that off because tesla changed the way we view the market same reason the electric vehicle spacs trade like tech stocks, not auto stocks. throughout this period, disidi disinenchanted investors want to judge tesla versus ford or gm but you know what? that is apples and oranges that is never going to fly with the new crop of investors who is in charge. they're believers. that's not always an easy thing to grasp do you believe in magic? that's how game stop goes from struggling gamer to retailer even though we don't know what they are selling but it doesn't matter to believers. game stop brought in ryan cohen, the co-founder of chewy. t owns a ton of stock. went from a pet food retailer to the digital disrupter of the pet food industr

toll raised the dividend thi week you have horton, pulte and so many of these -- lennar, just doing fabulousott. demand is there. interest rates will be low and i can hardly imagine a better environment for the homebuilders right now because there's no inventory, scott there's almost none. so for that reason, own them all, hold them all sech, home depot that's the name of the game. home depot >> we own home depot we own sherwin-williams, we own itb and the homebuilders and itf and two of those in our quality growth portfolio we're big believers that these will be participants as consumers start to re-engage spending and these are coming, scott and everybody will spend it differently and we think a lot of it will go into these type of names and plus there's this huge deurbanization trend that i think it may slow down a little bit as we re-open, but when you talk to people that work in architecture and people that work in homebuilding. there's no inventory and there's no ability to even get a seat at the table to meet with one of these folks. so i think there will abe lot of spend in these are

lennar said yesterday they could pass on some of this cost to the buyers they're raising prices but youingle family housing starts, that's concerning for the health of this market which just needs more houses or else prices are just, forget it. >> steve, what do you have to add to that? >> so i think what's -- i don't want to say this is good, but the housing market had been on an absolute tear you had the rise in mortgage rates. at a time like this, taking a little froth out of the market is not the worst thing in the world, although what diana says is important the idea that there's a tremendous need for housing. i think the big problem is relative to the shifts that have happened amid the pandemic there's this huge demand for single family homes and not so much a demand for some of the multi-family units we'll see if prices adjust or the replacement prices adjusted, people say maybe it is worth it to go to a multi-family home prices have fallen you have the inflation factor playing a role in terms of higher input prices and we'll see if that eases off in the coming months when you ge