Jim Cramer Sees Little Relief for Home Depot (HD) Until Rates Fall

While discussing the Dow Jones Industrial Average's third-quarter laggards on October 1, Jim Cramer addressed The Home Depot, Inc. (NYSE:HD). He acknowledged the stock's disappointing performance in his Charitable Trust and said: In the end, I think the best lessons from the third quarter came from the 30 stocks in the Dow Jones Industrial Average, which finished down 2.7%... Dow's losers, worst for last… There's two that are such name brand companies, I just can't bring myself to throw them away: Home Depot, down 19%, a bad pick for my Charitable Trust, and McDonald's, off 15%. Now, Home Depot's hostage to interest rates, which had one of the most vicious increases in a quarter that I can ever recall. No relief to the depot until rates go down.