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

The Home Depot, Inc. (NYSE:HD) is one of the stocks Jim Cramer recently offered insights on. Cramer said that the company’s performance is dependant on whether the Fed cuts rate during the next meeting or not, as he commented: “On Tuesday, we kicked things off with Home Depot, and that was an inauspicious start. The despot posted a tiny sales beat, but both its earnings and the same-store sales came in softer than expected, and the stock plunged 6% in response. Ouch. Worse, Home Depot cut its full-year fo ...