Reported about 13 hours ago
Jim Cramer highlights Home Depot as a potential growth stock for the housing market despite a recent decline due to ICE raids affecting its operations. He believes that the anticipated Federal Reserve rate cuts will favor the housing sector and is optimistic about Home Depot's future, projecting its stock could rise to $500. Analysts remain divided on the stock, with some maintaining a 'Buy' rating while others suggest a 'Hold', yet the company continues to show strong institutional confidence.
Source: YAHOO