The extrapolations for the success of Home Depot and Dick's have to be considered.
It's correct that Sherwin-Williams (SHW, the paint company), Masco (MAS, the kitchen and bath company) and Stanley Black & Decker (SWK, the toolmaker) have seen their stocks go higher today. That's a justifiable consequence of Home Depot's terrific gains.
You would expect Nike (NKE) to rally off of Dick's success, but Nike is too international in nature. We have to be satisfied with a run in Under Armour (UA), a big supplier to Dick's and one that's doing very well with the company.
We've seen a ton of companies disappoint this earnings season. The common theme of the ones that haven't? Awesome management. I salute Home Depot's Blake and Dick's Stack for their fabulous execution and the bountiful returns they have given shareholders of their companies.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a
14-day FREE pass.