Skyworks (SWKS) pre-announced a better than expected quarter, which revived the semiconductor sector. If SWKS’ rally doesn’t last, the market might go down, “That is the best story you are going to get in this market.”
Home Depot (HD), Lowes (LOW) were downgraded because they are thought to be overvalued. Cramer disagrees with the downgrade, with low gas prices and these retailers, unlike restaurants, are more insulated from Ebola fears. However, there is so much uncertainty with geopolitical issues, it is hard to know what to do with stocks.
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