Jim Cramer is keeping an eye on The Home Depot, Inc. (NYSE:HD), with shares down 5.5% over the past year and up 11.3% year-to-date. UBS reiterated a Buy rating and $430 share price target for HD, citing potential for improved performance in better market conditions. Cramer expressed faith in HD despite sector struggles, noting the impact of interest rates.

Cramer mentioned that Home Depot’s stock is rebounding due to belief that Kevin Warsh will benefit the industry. While HD shows promise, some AI stocks may offer higher returns and limited downside risk. For those interested in AI stocks, a report on the best short-term AI stock is available.

Read more at Yahoo Finance: Home Depot (HD) Stock Is Coming Back, Says Jim Cramer