Jim Cramer Discussed 11 Stocks: Amazon, Affirm, and More

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

The Home Depot, Inc. (NYSE:HD) is one of the stocks Jim Cramer discussed. During the episode, a caller asked what Cramer thinks of the stock, and he said:

Home Depot, big position for my Charitable Trust. It’s been problematic but we have it on because rates are going to get cut, and you have to own the stock when rates get cut.

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. Cramer discussed the stock during the January 8 episode, as he remarked:

Finally, the homebuilders. Hardly a day goes by without an analyst downgrading these stocks. cutting the price targets, but today turned out to be a cut too far, and the home builders actually bounced. Do I want to own them? I don’t know. But I do want to own the stock of Home Depot, a leading indicator, rallied 3% today. Lots of people have given up on the stock because it’s so tied to housing turnover, something that would get a real boost though, if the president can force institutional investors that own single-family homes to dump them en masse. We own Home Depot for the Charitable Trust proudly, our only housing exposure, and I am beginning to feel pretty darn good about this situation, which has been tough.