This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

Jim Cramer: Pillars of Strength in Retail

NEW YORK (Real Money) -- The homework doesn't dovetail with the shares. That's how I felt about the way Best Buy (BBY), Home Depot (HD) and Dick's (DKS) traded in the wake of the earnings calls -- because all three were basically in all-systems-go mode for suppliers.

Home Depot loves to give you the state of the state, and the company continues to show you why it can have such positive comparable-store numbers -- namely because business is booming from continued house-price inflation. That's how you get your American stores to grow at 8.2%. For Home Depot, those numbers have come due to a combination of rising traffic and increased spending.

Why not? When you are buying a home these days, you are doing so because you need it -- but also because you now believe that, over time, it will start to appreciate in value again. We see these big 10% jumps in housing prices across the country, with some 20% areas thrown in, and we might want to believe that the housing market is in some inflationary spiral. But I think, after listening to the Home Depot call, that it's still in catch-up mode from where it left off.

I say that because Home Depot, beyond giving you a depiction of the psyche of the consumer, also tells you something else. The pro business -- which is the business that comes when people get professionals to both build and renovate their houses, instead of doing it themselves -- has continued to grow at a slightly faster pace than the consumer business has done. That's excellent news for hiring. In fact, it's one of the few bright spots out there, other than those seen in social, mobile and cloud technology, oil and gas and healthcare.

What merchandise is selling? Pretty much everything. That's also good news, because at times there had been aisles at Home Depot that simply weren't moving as well as others were. Now you've got positive comps in kitchens, lighting, decor, lumber, electrical and indoor garden. Numbers for all of these were above the company's average sales. Millwork, flooring, plumbing, outdoor garden, building materials, hardware and tools were positive, but below the company average.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
DOW 16,424.85 +162.29 1.00%
S&P 500 1,862.31 +19.33 1.05%
NASDAQ 4,086.2250 +52.0640 1.29%

Our Tweets

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs