Jim Cramer says Home Depot’s earnings bolster the investment case for a different retail stock

Jim Cramer 's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Home Depot : Shares fell nearly 1% after the home-improvement retailer's quarterly revenue missed Wall Street estimates , pressured by weaker spending from do-it-yourself customers. However, earnings per share topped expectations. "This is the disappointment," Jim Cramer said.

On Holding : Shares jumped more than 15% after the Swiss shoe maker delivered better-than-expected quarterly results, with total net sales in the three months ended March 31 rising 29% on a constant-currency basis. "Just a blowout," Cramer said, adding: "You've got to hand it to these guys. They kept their heads down. They didn't listen to the bears. This stock has been pressured. There's a big short position.

Source: News Formal (newsformal.com)

Investingclubsample Breaking News: Markets Markets Investment Strategy Jim Cramer Stock Takes Morningmeetingrapid Home Depot Inc Alibaba Group Holding Ltd Alibaba Group Holding Ltd On Holding AG On Holding AG Boston Beer Co Inc Planet Fitness Inc Constellation Brands Inc Floor & Decor Holdings Inc Eli Lilly And Co Business News

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