Home Depot: Earnings Mixed, Wait to Buy the Dip
HDHome Depot(HD) MarketBeat·2024-05-14 20:45

Key Points Home Depot provided a better-than-feared Q1 report but gave no reason for the market to rally. Growth will be hard to achieve this year, but cash flow and capital return will remain solid. Analysts capped the upside ahead of the release and may lower their price targets now. 5 stocks we like better than Home Depot Home Depot NYSE: HD issued a mixed Q1 report offering little reason to buy or sell the stock. On the one hand, weaker-than-expected revenue and tepid guidance suggest growth will be har ...