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Homebuilder Stocks Show Upside Surprise

The homebuilder stocks have largely been laggards, but the group’s recent action suggests an “ultimate upside surprise,” Cramer said Tuesday.

Case in point: The Philadelphia Housing Index has soared by 41 percent since early October. To Cramer, it suggests the U.S. housing market has bottomed and is bound to turn around soon. But what do the charts say? To examine technical indicators, the “Mad Money” host sought the help of Scott Redler, a highly regarded technician on Wall Street. Check out the video to see the full report.










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