Jim Cramer Picks Between Home Depot and Lamar Jackson in Stock Versus Stat
It's time for another stock versus stat.
This week, we put the stock of Home Depot up against the passing yards of the Baltimore Ravens quarterback Lamar Jackson.
Let's start with Home Depot.
The company posted earnings before the opening bell on Tuesday, Nov. 19.
Earnings came in at $2.53 a share, which was a penny better than analysts had forecasted.
The company posted revenues of $27.2 billion, falling short of expectations of $27.5 billion.
It also missed on same-store sales, reporting an increase of around 3.4%, which was short of analysts' estimates of 4.7%.
"Our third-quarter results reflected broad-based growth across our business, yet sales were below our expectations driven by the timing of certain benefits associated with our One Home Depot strategic investments," CEO Craig Menear said in the earnings press release.
In turn, the stock, which was trading around $230 before the earnings report was released, has since fallen to $220.
However, the stock is up nearly 30% year-to-date.
Home Depot is a holding in Jim Cramer's Action Alerts PLUS portfolio.
So, let's pit the stock against Lamar Jackson.
Bull Market Fantasy had a special focus on our game of the week, which saw the Houston Texans take on the Baltimore Ravens.
And Todd Karpovich, Sports Illustrated's Raven Maven, noted that in the game against the Texans, Jackson completed 17 of 24 pass attempts for 222 yards with four touchdowns.
So, what did Jim Cramer take -- the stock or the stat?
Well, Cramer said that, unfortunately, the answer was fairly simple.
"Let me tell you," he noted. "The Ravens look as good as Home Depot looks bad."
Who would you take -- Home Depot or Lamar Jackson?