Today, Jim Cramer - Mad Money and Paul Harris, CFA commented about whether MSCI-N, NVO-N, GOOG-Q, CP-T, ENB-T, MSFT-Q, GWO-T, ATD-T, ESLOY-OTC, V-N, SYK-N, LLY-N, CCO-T, HSBC-N, TD-T, CEG-Q, MDA-T, HD-N, AAPL-Q, MOD-N, AGCO-N, ANF-N, CDNS-Q, HIMS-N, SFM-Q, PLTR-Q, XPO-N, EPAM-N, AKAM-Q, CELH-Q, FDX-N, PLTR-Q, NVDA-Q are stocks to buy or sell.
Interest rates cuts are stalling, so shares are -7.74% the past month; housing turnover and the weather have been bad. Tool sales are down. It reports tomorrow, but he will buy after that report. He has faith, because when the street was shorting this in 2008's housing crisis, HD gained market share and bought back a ton of shares.
The volatility in the markets is partly due to the unpredictability of what Donald Trump will do. Also the market has been trading at high levels and interest rates are about 4.5% so it does offer an alternative to stocks. The Fed is unsure about what to do. We were on a path to lower interest rates globally but now the U.S. says maybe not. The tariffs would basically be a supply shock to the economy. However you can use volatility to buy companies you really like for the long term at cheaper valuations. This is not necessarily good for short term traders. It is difficult for people to go from cash into the market.
They had a solid top and bottom line beat last week, and announced they were buying another sugar-free drink company. Shares jumped.