Jim Cramer’s Latest Calls: 10 Stocks to Buy or Sell

3. Home Depot Inc (NYSE:HD)

Number of Hedge Fund Investors: 82

During a latest program on CNBC, when host David Faber highlighted that Home Depot Inc (NYSE:HD) shares were trading lower, Cramer said it’s a “mistake” and the stock would be up soon.

“That’s a mistake. It’ll be up soon. We are buying it right now for Charitable Trust.”

Carillon Eagle Growth & Income Fund stated the following regarding The Home Depot, Inc. (NYSE:HD) in its Q3 2024 investor letter:

“While Home Depot, Inc.’s (NYSE:HD) recent reported earnings were somewhat tepid, the market seems to be pricing in an inversion of the company’s sales, driven by lower interest rates. Home Depot reported its seventh consecutive quarter of same-store sales declines, giving back substantial gains that it enjoyed during the pandemic. High mortgage rates have also put a damper on existing home sales. People typically spend the most on home repairs and improvements in years when they buy or sell houses, often conducting both transactions in the same year.”