11 Stocks Jim Cramer Recently Offered Insights On

4. Lowe’s Companies, Inc. (NYSE:LOW)

Number of Hedge Fund Holders: 75

Lowe’s Companies, Inc. (NYSE:LOW) is one of the stocks Jim Cramer recently offered insights on. Cramer discussed the company’s CEO’s comments around the state of consumers. The Mad Money host remarked:

“Now, the other big home improvement chain, Lowe’s, reported yesterday. They did comparatively better. This company posted a modest top and bottom line beat, even if their same-store sales came in a tad light. Big difference from Home Depot, Lowe’s raised its full-year sales forecast, although they lowered their same-store sales outlook, and they adjusted the earnings guidance down a bit. I like that they had very little inventory. I mean, like… inventory’s down.

Still, management told us November’s off to a good start with positive same-store sales so far this month, again good, despite the lack of hurricanes, and that’s why the stock rallied about 4% yesterday. Although given that Lowe’s sold off 2% the day before in response to Home Depot… well, it’s still impressive. Now, CEO Marvin Ellison had a nuanced take on the consumer. He said that homeowners are healthy and their balance sheets are strong, but they’re still concerned about things like the impact of the shutdown or the tariffs. So they’re hesitant to make larger purchases or take on big remodeling projects, but despite this tricky environment, Lowe’s is doing pretty well.”

Lowe’s Companies, Inc. (NYSE:LOW) is a home improvement retailer that sells tools, appliances, building materials, and decor for all kinds of projects, from repairs to remodels. In addition, the company provides installation, repair, and design services.