Home Depot (HD) Is 32% Below Its All-Time High: Here's 1 Reason to Avoid the Stock Right Now
Despite dominating the home improvement market, this company has been operating from a position of fundamental weakness.
Overview
Home Depot (NYSE: HD) operates thousands of stores in total, most in the U.S. It generated $48 billion in revenue just in the latest fiscal quarter (Q2 2026 ended Aug. 2). These figures highlight its dominance in the home improvement industry. But investors haven't been winning.
This well-known retail stock is trading 32% below its all-time high (as of Sept. 25). Although investors can buy Home Depot shares on a huge dip, there's one clear reason to avoid the company right now.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.