Cramer Remix: Don't own this entire sector, just the best of breed
When CNBC's heard from a caller weighing the pros and cons of investing in Home Depot, Lowe's and Floor & Decor, he wondered why things needed to be so confusing.
"Why do we overcomplicate things? We've got Home Depot. We've got a new manager who's real good at Lowe's and we've got Floor & Decor. What, are we going to own them all?" the "Mad Money" host asked on Friday.
Instead of trying to balance owning shares in all three home improvement retailers, Cramer recommended going for the best of breed players.
"Home Depot, at $190, I said was unbelievable. And you know what? I'm reiterating Home Depot and I have to tell you, if Lowe's comes down, [it's] probably worth buying, too," he said. "But don't buy them all."Cramer ' s game plan: Get ready for a sell-off President Donald Trump speaks to the press aboard Air Force One on September 7, 2018, as he travels to Fargo, North Dakota, to speak at a Joint Fundraising Committee. Nicholas Kamm | AFP | Getty Images
Cramer couldn't resist patting himself on the back for that if Friday's job results were strong, they would embolden President to intensify his administration's trade war with China.
Sure enough, the was followed by another warning from Trump to China. The president told reporters Friday that he was "ready" to place tariffs on on top of the of goods already under scrutiny.S & P Global CEO on how company changed since financial crisis Douglas ' Doug ' Peterson, president and chief executive officer of S & P Global Inc., speaks during a panel discussion at the Bipartisan Policy Center in Washington, D.C., U.S., on Monday, May 16, 2016. Andrew Harrer | Bloomberg | Getty Images Houzz CEO on $1.2 trillion opportunity John Chiala | CNBC Sorry, Elon — today, only 50% of weed is smoked, GTI CEO says GP: Benjamin ' Ben ' Kovler, chairman of Green Thumb Industries LLC Patrick T. Fallon | Bloomberg | Getty Images Is Musk ' s execution killing the stock? Lightning round: Wait until UNH ' s sellers write it off
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