The Home Depot, Inc. (HD): Jim Cramer Discusses Stock In The Context Of Interest Rates

Core Viewpoint - Jim Cramer discussed The Home Depot, Inc. (NYSE:HD) in the context of interest rates, highlighting its performance and potential future movements based on Federal Reserve actions [2][3]. Group 1: Stock Performance - Year-to-date, The Home Depot, Inc. (NYSE:HD) has gained 6.4%, underperforming the S&P 500's 11% gain [2]. - The stock was previously a leader but has recently lagged behind, with Cramer emphasizing the importance of being invested when the Fed cuts rates [2][3]. Group 2: Consumer Sentiment and Economic Environment - The CEO of The Home Depot noted a "deferral mindset" among consumers due to a high-interest-rate environment [2]. - Cramer indicated that if the Fed cuts rates, long-end rates might decrease, potentially stimulating stock prices, including The Home Depot [2][3]. Group 3: Housing Market Insights - Cramer mentioned a significant potential increase in housing starts, suggesting a positive outlook for housing-related stocks like The Home Depot [3]. - He expressed confidence that The Home Depot could see substantial growth, contrasting its recent stagnation [3].