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Jim Cramer on Home Depot: “I Think That This Is a Good Level”

positiveMulti dayYahoo Finance ·10 Jun 2026Original article ↗
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This is a media/host commentary piece rather than company-specific new fundamentals, but it can influence sentiment and near-term trading interest around HD’s valuation and yield narrative.

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Jim Cramer on Home Depot: “I Think That This Is a Good Level” Syeda Seirut Javed Wed, June 10, 2026 at 5:39 PM GMT+2 1 min read HD The Home Depot, Inc. (NYSE: HD ) was among the stocks Jim Cramer discussed during Mad Money, as he highlighted a difficult backdrop for stocks . A caller mentioned that they have held the stock since 2001 and asked whether they should add more to their position.

In response, Cramer said: It’s actually one of the things, now you could say, Jim, you’re not the call on this because you started buying too soon for the Charitable Trust. But I would tell you this, it yields 3%. That is a magical level for Home Depot.

I think you can buy more. I know you’re violating your basis, but your basis is just so low. I think that this is a good level.

No one thinks that the Fed’s going to cut rates, and that’s why the stock is trading where it is. I think at 20 times earnings in the spring selling season, I think you got a good one. Photo by Adam Nowakowski on Unsplash The Home Depot, Inc.

(NYSE:HD) is a home improvement retailer that sells tools, building materials, and decor. Furthermore, the company provides installation and equipment rental services. While we acknowledge the potential of HD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.

If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock . READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years   Disclosure: None. Follow Insider Monkey on Google News .

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