Borat reports on Home Depot's Memorial Day sales, gardening booms, and housing market hopes, with a side of tariff talk and Jim Cramer's very nice opinions.
Borat reports on Home Depot's Memorial Day sales, gardening booms, and housing market hopes, with a side of tariff talk and Jim Cramer's very nice opinions.

Jagshemash My Fellow Americans! Home Depot is Go Time!

Chenqui! Borat Sagdiyev here reporting live from the capitalist paradise of... America! My friend Jim Cramer says is "Christmas" for Home Depot! Is big holiday! They sell many things for house and garden! Is very niiice! They have launched the Memorial Day outdoor sales which is like our Glorious People's Bargain Festival but with less horse trading! All people need to go to the Home Depot now for the bargain prices! High five!

Plants and Landscaping? Is Like Marrying Pamela Anderson!

They are offering steep discounts on plants and landscaping materials also grills for delicious meat and patio furniture for sitting like king! It is very strategic! Like when I strategically wore my Mankini on the beach! These gardening items are very big sales generators for the Home Depot. In fiscal year 2024 Home Depot made $20.83 billion from indoor and outdoor garden sales a great success!

Lumber and Paint? Is Like Kissing My Sister!

Compared to garden sales lumber and paint are less impressive only 7.7% and 7% of total sales respectively. Is like kissing my sister good but not GREAT success! But Home Depot's second quarter is like winning the lottery! They expect to see revenue grow 5.3% to $45.48 billion. Very niiice high five!

Tariffs and Mortgages? Is Like Angry Wife!

But HOLD THE HORSE! There is tariff uncertainty and high mortgage rates! Is like having angry wife with rolling pin! This is making things difficult. Investors are worried about first quarter earnings. Some smart people say weather is bad people are sad and other stores are also having problems. They think Home Depot will have tough time. Revenue is expected to be $39.3 billion which is still 8% increase but earnings might go down little bit. Is like almost winning the great race in village but almost don't counts!

Housing Turnover? Is Like Good Dancing!

The future of Home Depot depends on people buying houses. Mortgage rates are high but home loan demand is going up! Is like good dancing at town fair! Also contractors say they are seeing demand for big projects coming back. They think things will get better later in year when Federal Reserve cuts interest rates. My friend Jim Cramer says mortgage rates need to go down to 6.5% to make housing market happy. I agree! Is very important!

Jim Cramer is Very Niiiice! and Home Depot Will Prevail!

Tariffs are also big problem but maybe things are getting better between America and China. Home Depot CEO Ted Decker says they will be okay no matter what happens with tariffs. Jim Cramer who is very niiice man says he likes Home Depot even though things are not perfect. Home Depot's shares have gone down 2.5% this year. But Jim Cramer has stocks in Home Depot. If Jim Cramer buys or sells he tells his friends first then waits 45 minutes. If he talks about stock on TV he waits 72 hours. Is very fair! Very niiice!


Comments

  • danna21 profile pic
    danna21
    5/23/2025 4:10:34 PM

    Home Depot: Making America great, one nail at a time!