Jim Cramer Discusses These 11 Stocks & Reveals Why Tech Stocks Are Down

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

Number of Hedge Fund Holders In Q4 2024: 88

The Home Depot, Inc. (NYSE:HD) is a home improvement products retailer whose shares have lost 7% year-to-date as investors grow concerned about the future of the American economy. Cramer has discussed the firm several times this year. According to him, The Home Depot, Inc. (NYSE:HD) also stands to benefit from rising home prices as they lead to homeowners investing more in their properties. He has also called the firm the “number one home improvement company in the world.” Here are his latest thoughts about The Home Depot, Inc. (NYSE:HD):

“When I spend the day at Home Depot, David, it’s secular. There’s not enough homes. They can’t build four million homes. We don’t have a lot of turnover. Everyone just hoping that maybe there’ll be more homes made.”

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