Jim Cramer Says Trump’s One Big, Beautiful Bill Is Pro Growth & Discusses These 12 Stocks

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

Number of Hedge Fund Holders In Q4 2024: 88

The Home Depot, Inc. (NYSE:HD) is the largest home improvement retailer in America. It’s a frequently discussed stock on Cramer’s morning show. The CNBC TV host also talks about The Home Depot, Inc. (NYSE:HD) in his evening show, Mad Money. His recent Mad Money remarks saw Cramer comment that high interest rates sapped the life out of an otherwise strong gardening season that is a boon for the company. Cramer added that while The Home Depot, Inc. (NYSE:HD)’s shares typically don’t fluctuate in response to interest rates, the rates’ impact on gardening might be ushering in a change. Here are his latest thoughts:

“By the way, the retail group is total chaos today. I mean Home Depot’s back down. . .”

Earlier this month on Mad Money, Cramer had commented:

“Now, not that long ago, we dropped in on a monster Home Depot store management meeting in Vegas where we heard about some great ideas for spring gardening season, which by the way, kicks into overdrive this weekend. Unfortunately, these big weeks for lawn and garden have been overshadowed by stubbornly high interest rates and no rate cuts from the Fed, not to mention tariff worries. Now I’ve watched this stock since it came public, and there are plenty of times that Home Depot doesn’t actually march to the tune of interest rates, but instead is levered to repair and renovation.

As so many people are stuck in their homes, I’m willing to trade up because that would force them to give up that low mortgage rate that they may have gotten during the COVID period. Now we own the despot for the Charitable Trust, and while I’m not expecting a blowout by any means, I have to tell you I like it long term, and it’s down 2% for the year, well, off its highs… Home Depot stock is a great one to own because, like Walmart, these guys have the scale to cope with the tariffs that are going to be put on so many foreign-made goods that they sell at Home Depot. The little guys we know, they don’t have that kind of flexibility.”