Reported 2 days ago
Jim Cramer highlights The Home Depot, Inc. (HD) as a key stock to watch amidst potential Federal Reserve interest rate cuts, which could stimulate home building and renovation activities. While the stock has seen a modest increase, Cramer expresses caution about the underlying business strength, notably affected by a subpar gardening season. He reflects on past performance correlating with homebuilding stocks but suggests that other AI stocks may offer better investment prospects.
Source: YAHOO