The trends in existing U.S. home sales tend to be leading indicators for Home Depot's earnings. But there's a lag, so the stock's valuation will look expensive when home sales are starting to improve.
Home Depot has a history of raising its dividend. According to reports, Loop Capital analyst Laura Champine just upgraded the stock from a "hold" to a "buy" and raised her firm's price target from ...
Trading at slightly less than 26 times expected earnings for 2024, Home Depot (NYSE: HD) does not look like a good value stock. Still, no meaningful discussion about its current earnings ...