Jim Cramer Recently Discussed These 13 Stocks Interest Rates And Recession

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

Number of Hedge Fund Holders In Q3 2024: 82

The Home Depot, Inc. (NYSE:HD) is one of the biggest home improvement retailers in America. Its exposure to the home building and home improvement market means that the firm is dependent quite a bit on interest rates for its performance. Consequently, the fact that The Home Depot, Inc. (NYSE:HD)’s shares have gained a modest 17.5% over the past year is unsurprising as high rates have dented demand for its products. On the day Cramer commented on the firm, its shares were down. However, he remained optimistic:

“[On HD being down] Well that’s a mistake. It’ll be up soon. we’re buying it right now for the charitable trust.”

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