Jim Cramer is “Confident That Home Depot’s a Long-Term Story”

The Home Depot, Inc. (NYSE:HD) is one of the stocks Jim Cramer recently shed light on. Highlighting the negative response to the company’s latest quarterly earnings results, Cramer urged investors to pay attention to the company’s conference call, as he said:

“We got results from Cramer fave, Home Depot, a stock I’m very happy to own for the Charitable Trust, but the numbers confused a lot of people… The quarter was good. See, you can’t judge earnings by the headline numbers alone… For starters, management emphasized that the momentum they saw in the back half of last year carried into the first half of this year…

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The Home Depot, Inc. (NYSE:HD) is a home improvement retailer that offers building materials, home décor, lawn and garden products, and maintenance supplies. It also delivers installation services, rents tools, and operates digital platforms for homeowners, contractors, and professional users.

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