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Stockreport

When The Market Gets It Wrong - Cramer's Mad Money (8/23/18) [Seeking Alpha]

HOME DEPOT (HD)  More Company Research Source: Seeking Alpha
Last home depot earnings: 8/14 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.homedepot.com
PDF Summary Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Thursday , August 23. The earnings season is almost over, and looking back, there was a lot of drama. The market's reaction to some earnings was bizarre. The market's idiocy? Well, let's just say it's your opportunity, said Cramer. Case in point: Home Depot's (NYSE: HD ) earnings; the stock went up by $3 on a good earnings quarter , but fell by $2 when management took questions on the slowdown in housing on their call. This was a buying opportunity as the stock has gone up $8 since. The same was the case with Lowe's (NYSE: LOW ), which reported a good quarter but the stock went down as the company trimmed FY revenue forecast. When CEO Marvin Ellison announced on the call that they are closing all of the company's Orchard Supply Hardware stores, the stock reversed its losses. NVIDIA (NASDAQ: NVDA ) also had a good quarter, but the stock fell as the company cut revenue for [Read more]

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