Did you miss "Mad Money" on CNBC? If so, here are some of Jim Cramer's top takeaways.
In his "No-Huddle Offense" segment, Cramer expounded on the many things going right at Home Depot(HD) - Get Report , which saw a 7.1% boost in same-store sales this quarter, as well as announcing a stock buyback program.
The company saw broad growth in all categories in all regions of the country and continues to take appliance marketshare from the ailing Sears Holdings (SHLD) .
But beyond increased employment, Home Depot management saw the strength in housing as a driving factor, as well as little impact from the Federal Reserve getting ready to raise interest rates.
That gives the company a long runway of growth ahead, Cramer said. And let's not forget: Home Depot doesn't sell apparel or fashion items and is often not located at the mall.
Meanwhile, on Real Money, Cramer asks if the future price-to-earnings multiple is lower than we think. It's all about earnings. Check out Cramer's strategies with a free trial subscription to Real Money.
Positive signs: Cramer and the AAP team say the Dow(DOW) - Get Report -- DuPont(DD) - Get Report merger looks more likely. Find out what they are telling their investment club members with a free trial subscription to Action Alerts PLUS.
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