We are starting to see green shoots in the housing market, says Jim Cramer
Speakers
Jim Cramer
— Host, Mad Money
Summary
Jim Cramer describes a meandering and erratic market with flat major averages and sharp rotation among banks, tech, semis, and speculative small caps. He previews next week's earnings, pointing to housing green shoots that could benefit D.R. Horton and other homebuilders, while also flagging 3M as a positive management-driven setup under CEO Bill Brown.
- Market described as erratic with flat major averages.
- Banks, big tech, small tech and semis are rotating in and out of favor.
- Speculative small-cap themes tied to nuclear, space, quantum and crypto rallied recently.
- Next week's earnings include D.R. Horton and 3M.
- Housing shows green shoots as pricing and mortgage rates fall.
- A proposed penalty-free 401(k) home-buying plan could be a homebuilder catalyst.
- 3M is highlighted for recent positive surprises and CEO Bill Brown's management.
Ideas
Housing green shoots favor homebuilders
The housing market is beginning to show green shoots because home pricing and mortgage rates have come down, and a potential penalty-free 401(k) home-buying plan would be a groundbreaking catalyst. If the plan is taken seriously, it would send D.R. Horton much higher along with the rest of the homebuilders.
3M nimble under CEO Bill Brown
3M has been quietly surprising people lately, and CEO Bill Brown, formerly of L3Harris, has been putting his stamp on the company and making it far more nimble since taking over about two years ago ahead of its earnings report.
Up Next
This CNBC video, published January 17, 2026, features Jim Cramer discussing DHI, XHB, MMM. 2 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Jim Cramer · Tickers: DHI, XHB, MMM