Cramer: EastGroup Properties is a good manufacturing play

06/3/2010 | CNBC

EastGroup Properties is well-positioned to take advantage of the strong growth in the manufacturing sector, according to Mad Money's Jim Cramer. EGP owns industrial and office properties in Texas, Florida, California and Arizona. Also, Cramer noted, management called a bottom in the industrial property markets recently, "an incredibly bullish sign," Cramer said.

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