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Staples, Home Depot Earnings Are Live, Cramer ‘Banks’ on Regional Play

August 10, 2023
in Trade Tube
Reading Time: 1 min read
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Both Staples and Home Depot reported earnings early this morning — TheStreet breaks down who hit, who missed, and what implications there are for each of these stocks long-term. Home Depot tops estimates, and boosts its guidance, but it remains to be seen whether this will be enough to keep investors happy. Staples, on the other hand, disappoints with its results. Plus, we’re awaiting earnings from TJX, Salesforce.com, and Dick’s Sporting Goods. And Jim Cramer has a regional play he says is a safe bank to bet on, since it isn’t facing regulatory overhangs and it is trading at a discount to its historical average.

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