Jim Cramer on Home Depot’s Management: “Trust Them, I Do.”

The Home Depot, Inc. (NYSE:HD) is one of the stocks Jim Cramer discussed after the Fed rate cut. Cramer said that the “despot works here,” as he commented: “Lower rates spur home building and home buying, and they spur home improvement, which can be financed by a home equity loan… Predictably, Home Depot was really on the move again, even as I’m sure nothing extraordinary is going to happen there with a quarter-point cut. Still, we own it for the Charitable Trust… But long story short, I think the despot ...