The company is operating in a part of the retail sector that is under outsized pressure from stubbornly high interest rates. That could soon change.
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Lower rates are "just gigantic for some of our stocks," Jim said, putting Home Depot at the top of the list.
The stars may soon align for this retail stock, which is down over 10% year to date.
The holiday shopping season is Home Depot's time to shine and regain momentum.
We firmly believe that long-term investors make their money buying the hated stocks of great companies.
"Home Depot, the company, is not doing well. Home Depot, the stock is on fire," Jim Cramer says.
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of…
