Cramer: How to Play the French Elections

 | Apr 21, 2017 | 3:04 PM EDT
  • Comment
  • Print Print
  • Print
Stock quotes in this article:










Briggs & Stratton (BGG) ? Sherwin-Williams (SHW) ? Stanley Black & Decker (SWK) ? All three blew the numbers away. All three are classic Home Depot (HD) /Lowe's  (LOW) plays.

Perhaps they are the best way to play the French elections.

Let me explain.

I think if we come in and the panic button has been hit all big cap stocks will go down.

Both Home Depot and Lowe's are uniquely North American. They have nothing to do with France.

Both have been doing very well.

We are on the verge of planting season where the numbers could be excellent for the outdoor garden business. They make fortunes in a couple of weeks' time.

But the worry had been "how is the consumer doing? How is the small business person doing?" Ever since the morass of the failure to repeal and replace there's been a pall cast over the consumer.

But, if we know the consumer is still painting her house...

If we know the small business person is still buying tools right alongside the do it yourselfer...

If we know that Briggs & Stratton gasoline engines are selling well...

Then we have a huge number of aisles covered away from gardening.

So here's what I would do.

I would buy some of these now and then if the "wrong" candidates win, I would buy the rest on Monday morning.

Best strategy I can think of to make money right now.

Columnist Conversations

we will add this here to cheaply protect our downside a bit BOUGHT SPY SEP 244 PUT AT 2.70 ...



News Breaks

Powered by


Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.