Jim Cramer Reveals Two Reasons Why Home Depot Is Challenged
What's next for Home Depot shares?
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer points out two reasons why Home Depot (HD) - Get Home Depot, Inc. Report is challenged:
- Sears Holdings' (SHLD) move to sell Kenmore appliances on Amazon (AMZN) - Get Amazon.com, Inc. Report
- Sherwin Williams (SHW) - Get Sherwin-Williams Company Report executives discussing a decline in "do it yourself"
The latter point is far more important for Home Depot, Cramer noted.
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