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If You Have to Own A Retail Name, Home Depot’s The One To Own

June 9, 2023
in Trade Tube
Reading Time: 1 min read
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Home Depot is one of the few retail names Action Alerts PLUS Portfolio Manager Jim Cramer recommends. ‘Home Depot is uniquely involved in the investment in housing.’ Do your homework. Know the retailers. If you don’t you’ll sell low in reaction to weak reports like Nordstrom . Looking at the retailers, know Home Depot is different. Even though the stock is up a bit, it’s very levered to the garden season and the ‘boom time’ for them is now.

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