Jim Cramer Says Home Depot is Below Where He Thinks “It Should Be”

Group 1 - The Home Depot, Inc. is highlighted as a stock that is significantly undervalued, with Jim Cramer suggesting it is 100 points below its potential value [1] - Cramer noted that Home Depot's performance has been affected by high interest rates, but a potential Fed rate cut could improve the stock's outlook [1][2] - Home Depot is identified as particularly sensitive to interest rate changes, with the upcoming Fed meeting being a critical factor for its stock performance [2] Group 2 - The company operates as a home improvement retailer, offering tools, building materials, decor, installation, and equipment rental services [2] - Despite the potential of Home Depot, there are suggestions that certain AI stocks may present greater upside potential and lower downside risk [2]