Jim Cramer on Home Depot: “I Regard It Now as One of the Most Problematic Positions in My Portfolio”

Okay, we were precise disappointed successful the enactment successful Home Depot today. Finished down eight, it deed its 52-week low. The institution yields astir 3%. I turned to Jeff Marks, who works with maine for my Charitable Trust, I said possibly we should bargain some, but we’re a small beaten down connected it.

We didn’t privation to bargain it anymore close now. We request to spot owe rates lower, and we don’t person them yet. I’m not giving up connected Home Depot, but determination are issues involving ICE, too, that truly wounded them. But I bash privation to accidental that I respect it present arsenic 1 of the astir problematic positions successful my portfolio, on with Nike. Those are the 2 I’m astir disquieted about.

Photo by jason briscoe connected Unsplash

The Home Depot, Inc. (NYSE:HD) is simply a location betterment retailer that sells tools, gathering materials, and decor. It besides provides installation and instrumentality rental services.

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