10 Stocks on Jim Cramer’s and Analysts’ Radar

8. The Home Depot, Inc. (NYSE:HD)

Number of Hedge Fund Holders: 93

Average Upside Potential: 9.01%

The Home Depot, Inc. (NYSE:HD) is one of the stocks on Jim Cramer’s and analysts’ radar. On August 21, Bernstein raised its price target on HD shares to $403 from $398 and maintained a Market Perform rating. The analyst noted that the company held its fiscal 2025 guidance despite missing comparable sales expectations in the second quarter. The firm stated that investors appear to be regaining interest in the home improvement sector amid expectations for interest rate cuts, but it does not anticipate a near-term recovery in demand.

The Home Depot, Inc. (NYSE:HD) is a home improvement retailer that supplies building materials, décor, lawn and garden products, and maintenance items. The company also provides installation services, tool rental options, and digital platforms for homeowners, professionals, and contractors. Additionally, on August 11, the company was mentioned by Cramer during Mad Money’s episode, as he said:

“We have to ask ourselves, has something changed? If something has changed and it’s really dramatic, then we will pay up. Jeff and I talked a bunch of times about whether we should pay it for Home Depot or not because we didn’t catch the bottom. We bought some, and then it flew up, and I’m a big believer that we’re gonna get rate cuts, and we said buy some Home Depot. So, I think that the thing that changed was that we knew we were going to get the rate cut from the CPI. So yes, if something changes, you can violate, but it has to change. It can’t just be because you say, ooh, I really like that.”