NEW YORK (TheStreet) -- TheStreet's Jim Cramer asks if the news of a data breach at Home Depot (HD - Get Report) will be a situation like Target (TGT - Get Report) in which the stock goes into purgatory.
Cramer advises using any weakness in Home Depot to buy the stock. He says the breach will be massive but does not believe this is a Target situation because Target was hurt by Canada, was poorly run and the company minimized the breach. Cramer thinks Home Depot will be out in front of this the whole way.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts