Jim Cramer expressed bewilderment regarding investors selling Home Depot (HD) shares despite the company reporting better-than-expected fiscal fourth-quarter earnings, beating analyst estimates for both revenue and EPS. He highlighted that while some peers experienced drops in sales, Home Depot’s same-store sales grew slightly. Cramer questions the sellers’ reasons, especially given his belief in the company’s reliability and its consistent performance.
Jim Cramer Wonders Why People Are Selling Home Depot (HD) Shares
Jim Cramer expressed bewilderment regarding investors selling Home Depot (HD) shares despite the company reporting better-than-expected fiscal fourth-quarter earnings, beating analyst estimates for both revenue and EPS. He highlighted that while some peers experienced drops in sales, Home Depot’s same-store sales grew slightly. Cramer questions the sellers’ reasons, especially given his belief in the company’s reliability and its consistent performance.