Jim Cramer says Home Depot’s earnings bolster the investment case for a different retail stock

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Home Depot : Shares fell nearly 1% after the home-improvement retailer's quarterly revenue missed Wall Street estimates , pressured by weaker spending from do-it-yourself customers. However, earnings per share topped expectations. "This is the disappointment," Jim Cramer said.

On Holding : Shares jumped more than 15% after the Swiss shoe maker delivered better-than-expected quarterly results, with total net sales in the three months ended March 31 rising 29% on a constant-currency basis. "Just a blowout," Cramer said, adding: "You've got to hand it to these guys. They kept their heads down. They didn't listen to the bears. This stock has been pressured. There's a big short position.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Jim Cramer's top 10 things to watch in the stock market TuesdayU.S. stock futures are lower after wholesale prices in April rose more than Wall Street expected.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Jim Cramer's top 10 things to watch in the stock market MondayStocks are set to open Monday's session higher. Inflation data and the start of retail earnings are key themes this week.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Jim Cramer's top 10 things to watch in the stock market FridayWall Street is poised for another higher open Friday. The Dow is on a seven-session winning streak. The S&P 500 aims to top March all-time high.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Jim Cramer's top 10 things to watch in the stock market ThursdayU.S. stock futures are flat after the latest jobs data.
La source: CNBC - 🏆 12. / 72 Lire la suite »