Cramer's Stop Trading! Home Depot's Real Deal Guidance Raise (12/8/10)

Includes: AAPL, HD, WHR
by: Miriam Metzinger

Stocks discussed on Jim Cramer's Stop Trading! TV Segment, Wednesday December 8.

Home Depot (NYSE:HD), Whirlpool (NYSE:WHR), Apple (NASDAQ:AAPL)

With Home Depot (HD) raising guidance for the second time in two months, "this is a different raise," said Cramer, because it is based on electrical and plumbing sales. He thinks this is "the real deal" raise because it shows a bullishness in housing that has not characterized Home Depot before. The company had seemed disappointed that big ticket items weren't selling, but the increase in plumbing sales indicates a possible upside in housing, as homeowners are buying houses to fix them up and live in them rather than making a few aesthetic improvements that will enable them to flip the houses. Cramer added, "Whirlpool (WHR) has very little downside and a lot of upside."

While he admits he tends to talk about Apple (OTC:APPL) frequently, Cramer adds, "I don't care, this is revolutionary, there is a lot of excitement here." While no one knew what the iPad was a year ago, the device has already become a necessity for work and entertainment.


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