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A new survey of the feelings of painters and renovators on the economy and future challenges augurs well for Home Depot. American entrepreneurs see signs of stability even with uncertainty in the housing markets, according to the Morgan Stanley survey on 94 general entrepreneurs, painters and renovators, and 37 specialized painters. The majority of respondents expect to see the company improving, said analysts, noting that a large number also pointed out a backlog of healthy projects and anticipating more in the second half of 2025. Entrepreneurs have cited a more important project request, with few customers who are negotiating smaller jobs. Despite the good news, entrepreneurs have reported material prices due to inflation and tariff uncertainty as a major concern. Morgan Stanley said that even if the prices were the third largest commercial concern, the investigation had been carried out just before the announcement of the April 2 release day, and the results could underestimate the current levels of entrepreneurs per share from $ 450. The prices take a break, Home Depot said: “We, with our suppliers, monitor the developments and we work in close collaboration to manage, in order to be the lawyer of our customers for the value.” When we contacted on Monday, the company did not make new comments on the status of the pricing impact, declaring that they are in a “period of calm until the gains on May 20”. Before the announcement of Trump's “reciprocal” rate, Home Depot remained firm and confident that his activities would be well despite the wider economic background. In an interview in March with Jim Cramer, the CEO of Home Depot, Ted Decker, said that the company would work on everything that had happened. Decker argued that more than half of the existing American houses are over 40 and will need improvements. “The quantity of work and the maintenance you need to do on these houses, they have gained in value, but they need a lot of work. And we are the place to go to help people do it,” he said. In the end, Jim Cramer encouraged investors to stay “long on Home Depot”, reflected in our purchase note 1 equivalent on action. Jim considers the fixed rate mortgages of 30 years of less than 6.5% as a historic threshold which triggered a housing activity, which could result in sales of Home Depot. The club added to our Home Depot post several times in March, the most recent was at the end of this month. The professional customer service is one of the most important parts of the overall growth strategy of Home Depot, which was exposed with its acquisition of $ 18.25 billion in the SRS distribution completed in June. Professional sales were stronger than DIY for the fourth quarter of 2024, which was reported in February. (Jim Cramer's Charitable Trust is long HD. See here for a complete list of actions.) As abonted at the CNBC Investing Club with Jim Cramer, you will receive a commercial alert before Jim is doing a business. Jim is waiting for 45 minutes after sending a commercial alert before buying or selling a stock in the portfolio of his charitable trust. If Jim spoke of a stock on CNBC TV, he waits 72 hours after issuing the commercial alert before running the trade. The above information of investment clubs is subject to our terms and conditions and our privacy policies, as well as our warning. No obligation or fiduciary duty exists, or is created, due to your reception of the information provided in relation to the investment club. No specific result or profit is guaranteed.
General view of a Home Depot store in Midtown Manhattan on February 26, 2025 in New York.
Eduardo Munoz Alvarez | Corbis News | Getty images
A new survey of the feelings of painters and renovations on the economy and the upcoming challenges augurs well for Home Depot.
