Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Home Depot : Shares ticked higher despite the home-improvement retailer's lowered full-year comparable sales forecast. "You buy Home Depot before a rate cut, so I mean, it's ridiculous that this stock was down 15. That's just a knucklehead thing to do," Jim Cramer said.
"Baxter is a disaster," Cramer said. Hormel Foods : Shares rose nearly 2% after Citigroup upgraded the owner of Spam, Skippy peanut butter and other food brands to a buy rating from hold. "Hormel has had mediocre numbers for a little bit now, and I see no real solution there," Cramer said. Micron Technology : Shares added 2% as investors digested a Citigroup note in which analysts warned about a build up an inventory in the personal computer and wireless supply chains.
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