Jim Cramer Says Home Depot Stock is Going to Struggle if Fed Doesn’t Cut Rates Next Month

Core Insights - Home Depot's recent performance is closely tied to the Federal Reserve's potential interest rate cuts in the upcoming meeting [1] - The company reported a slight sales beat, but earnings and same-store sales were below expectations, leading to a 6% drop in stock price [1] - Home Depot has revised its full-year forecasts downward for both comparable sales growth and earnings [1] Company Overview - Home Depot, Inc. is a home improvement retailer that offers tools, building materials, decor, installation, and equipment rental services [2] Investment Perspective - While Home Depot shows potential as an investment, certain AI stocks are considered to have greater upside potential and lower downside risk [3]