Jim Cramer - Mad Money CBRE Group Inc CBRE-N COMMENT Aug 29, 2022

The stock is cheap and he likes the CEO. But people fear that there will be less turnover in real estate and other fears fewer businesses that stay in commercial real estate because of work-at-home.

Jim Cramer - Mad Money

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COMMENT

The company is more attractive than its stock. Global leasing is improving really dramatically, and this company is in the midst of that improvement. Stock has moved quite nicely and now trading at about 18X earnings. They don’t pay a dividend. He would rather play this on the other side, through a REIT, and get some distributions.

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Office REITs are turning around. This one has rallied nearly 30% in 3 months, the world's largest office property manager. Last week, they reported a big top and bottom line beat.

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Jim Cramer - Mad Money CBRE Group Inc CBRE-N COMMENT Aug 29, 2022

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