Mad Money Mailbag: Welcome Mat Still Out at Home Depot

A reader learns how Cramer would play Home Depot.
Author:
Publish date:

Editor's note: The following are questions received from viewers of "Mad Money," seen every day at 6 p.m. EST on CNBC.

What is your take on Home Depot (HD) - Get Report, given the recent acquisitions?-- Dave from Arizona

James J. Cramer:

In my opinion, this is a great retailer. That said, I believe the stock has already enjoyed a solid run. I'd wait for a pullback to the mid-$30's before considering committing fresh capital here.

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by

clicking here

.