Cramer said it is a good thing that Nardelli is gone from Home Depot (HD).  He says Hallelujah.  I couldn’t agree more personally. 

Cramer says you should Sell HD here up $2 and go buy Lowe’s (LOW). He thinks any LBO rumors aren’t true.  The market reaction is correct but the news is in the stock.  Cramer has long said he prefers LOW stock over HD, so this may not be a huge shock.

Jon C. Ogg
January 3, 2006