We recently published a list of 15 Stocks on Jim Cramer’s Radar. In this article, we are going to take a look at where Lowe’s Companies, Inc. (NYSE:LOW) stands against other stocks on Jim Cramer’s radar
On Friday’s episode of Mad Money, Jim Cramer reflected on this week’s market performance, with attention to upcoming earnings reports and broader market sentiment.
“Now we’ve been on a real rebound since post-Liberation Day meltdown back in the first week of April, with tech leading the way after really taking it on the chin.”
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According to Cramer, the rebound has been largely driven by tech stocks, which had previously been under pressure. However, he expressed uncertainty about whether that trend will hold, as he mentioned that the tech sector has been relatively quiet in terms of news, aside from a keynote from Jensen Huang. Looking ahead, Cramer noted that more retail earnings are expected this week.
“But here’s the bottom line: Unless we get news of new hostilities in the trade war with China, I think this market’s propensity will still be to go higher, even though we are overbought. And even with this late-night credit rating downgrade of the US debt, which is very quizzical to me, I think we’re containing the downside of the economy, and that means no recession, which tells me the negativity may be out of sync with the reality. That’s often the best kind of market…”
Our Methodology
For this article, we compiled a list of 15 stocks that were discussed by Jim Cramer during the episodes of Mad Money aired on May 16. We listed the stocks in the order that Cramer mentioned them. We also provided hedge fund sentiment for each stock as of the fourth quarter of 2024, which was taken from Insider Monkey’s database of over 1,000 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A family excitedly browsing through the aisles of a home improvement retail store.
Lowe’s Companies, Inc. (NYSE:LOW)
Number of Hedge Fund Holders: 70
Lowe’s Companies, Inc. (NYSE:LOW) was mentioned under Cramer’s game plan for the week, and he stated:
“By the way, Lowe’s is attractive too. They report Wednesday morning. Both are excellent operators, although Home Depot’s more about professionals, and Lowe’s has more of a do-it-yourself customer base.”
Lowe’s (NYSE:LOW) is a U.S.-based retailer that supplies a wide range of products for construction, home maintenance, repair work, remodeling, and interior decoration. The company projects full-year 2025 sales between $83.5 billion and $84.5 billion, with comparable sales expected to be flat or up by 1% year-over-year. It expects an operating margin of 12.3% to 12.4% and diluted EPS to be between $12.15 and $12.40.
Overall, LOW ranks 5th on our list of stocks on Jim Cramer’s radar. While we acknowledge the potential of LOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than LOW and that has 100x upside potential, check out our report about this cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.