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Jim Cramer Took A Side On Biggest AI Debate & Discussed These 13 Stocks. The Home Depot, Inc. (NYSE:HD) is one of the stocks discussed by Jim Cramer.

Home improvement retailer The Home Depot, Inc. (NYSE:HD)’s shares have struggled recently. They are down by 15% over the past year and by 9% year-to-date. Piper Sandler discussed the firm on May 15th as it trimmed the share price target to $421 from $422 and kept an Overweight rating on the stock. The impact of higher gas prices on consumer discretionary spending factored into Piper Sandler’s coverage. Wells Fargo cut The Home Depot, Inc. (NYSE:HD)’s share price target to $375 from $420 and kept an Overweight rating on May 14th. The bank remarked that the firm could suffer due to softness in the discretionary sector. Cramer discussed the firm after its earnings report:

“But what it shows you is that, Home Depot, once they got into the call, they said [inaudible] pretty good. And, their professional stance may not have been as bad, I know I was worried that they went all into professional. But it’s starting to work. SRS was good. I will say that Home Depot was down a lot worse. . .no, look, Home Depot even in the depths of 2007, 2009, put in some really good numbers. I think Home Depot is struggling right now, as everyone is, one of the reasons why is everyone was hoping for a rate cut until what’s happened with Iran. Well because of that, these are great companies. . .”

Photo by Collov Home Design on Unsplash

While we acknowledge the potential of HD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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