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Stock impact report

Jim Cramer Says Home Depot is Below Where He Thinks “It Should Be” [Yahoo! Finance]

Home Depot, Inc. (The) (HD) 
Last home depot, inc. (the) earnings: 2/25 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.homedepot.com
Company Research Source: Yahoo! Finance
“We just heard from Home Depot, and it wasn't as strong as we'd like, again, because interest rates are too high. You still have a chance to buy it here. It's way down, it's 100 points below where I think it should be. And the company offered an encouraging scenario if the Fed lowered rates when it gave you that update… [at its] investor day yesterday. I'm going to talk about this on our investor day for the club on Friday… It's going to be why you can buy a stock like Home Depot.” A stock market graph. Photo by energepic.com The Home Depot, Inc. (NYSE:HD) is a home improvement retailer that sells tools, building materials, and decor. It also provides installation and equipment rental services. During the December 3 episode, Cramer noted that a cut in interest rates could turn things around for the stock, as he remarked: “Of the disappointers, Home Depot's the most sensitive to a decline in interest rates. The Fed's meeting's next week, so things could turn around real fast for Show less Read more
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