Here's Why Home Depot Is a Top Retail Stock to Buy Right Now
HDHome Depot(HD) The Motley Fool·2024-02-23 22:30

Home Depot (HD 1.98%) just reported its fiscal 2023's fourth-quarter results, and they were a mixed bag. For the period ended Jan. 28, revenue totaled 34.8billion,down2.934.8 billion, down 2.9% year over year. This missed analysts' expectations by 150 million. While diluted earnings per share of $2.82 also declined, this figure beat estimates. This top retail stock has soared 18% in the last three months amid a strong market backdrop. But it remains 13% off its peak price. There's an opportunity here for prospective investo ...