Why Home Depot (HD) Stock Is Falling Today - TheStreet

NEW YORK (TheStreet) -- Shares of Home Depot (HD) - Get Report were declining in early-afternoon trading on Tuesday after home improvement companies Sherwin-Williams (SHW) and Whirlpool (WHR) reported disappointing results for the 2016 third quarter this morning. 

These results might indicate that the housing sector has peaked, TheStreet's Jim Cramer said on CNBC's "Squawk on the Street" this morning. 

"Everybody decided that people were going to spend more money on their home, and that just ended," Cramer said. "Something occurred in this country that made people feel not so hot about themselves."

Such factors could include a 25% increase in insurance premiums next year, more expensive phone bills or a climate of political fear and negativity, he noted. 

Home Depot is an Atlanta-based home improvement retailer.

Separately, TheStreet Ratings team rates the stock as a "buy" with a ratings score of A.

Home Depot's strengths such as its growth in earnings per share, revenue growth, notable return on equity, good cash flow from operations and increase in net income outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

You can view the full analysis from the report here: HD

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author. 

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