is blowing up, and the management is clueless," Jim Cramer said on his
"RealMoney" radio show Friday.
They've fired everybody but the guy at the top, "Home Despot's" CEO Bob Nardelli, and the company is falling apart, said Cramer. The problem with Home Depot is that people just don't like it anymore, Cramer said.
"I've switched to
"You need to pull the trigger on Lowe's" when its biggest competitor is falling apart, Cramer said.
Lowe's may have taken a hit because of a negative analyst's report from research firm Prudential today, but this is an opportunity to buy, he said. Lowe's will benefit from the "total disarray" of Home Depot.
It's too late to get into
because it's gone up already, but Lowe's hasn't yet, Cramer said.
To see the most recent edition of The RealMoney Radio Recap in its entirety, please click here. This recap is published every day around 3 p.m. ET.
Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click
here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click
here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click
here to get his second book, "You Got Screwed!" and click
here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by
TheStreet.com has a revenue-sharing relationship with Traders' Library under which it receives a portion of the revenue from Traders' Library purchases by customers directed there from TheStreet.com.