Jim Cramer told viewers of his Mad Money program Thursday night that people are fleeing the cities to avoid Covid and to remodel their homes for remote working and schooling. That means stocks like Home Depot (HD) , Lowe's (LOW) , Sherwin-Williams (SHW) and Trex Co. (TREX) are all still buys.
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Even after last week's move higher and Monday's narrow range of movement, we can say it's going to be difficult to produce a 'V'-shaped setup like we had at the pandemic low in 2020.
I remain uncharacteristically bullish. Here's why.