Home Depot: A Sleeping Giant Waiting On Mortgage Rates (NYSE:HD)

· seekingalpha.com

Buy Home Depot (HD) on the dip: strong fundamentals, steady sales, reaffirmed guidance and robust free cash flow as housing bottoms.

The Home Depot, Inc. ( HD ) has fallen about 25% since the Iran war started in late February, from $380 (Feb 27) to $286 (Oct 6). Over the same period, the 30-y...


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