Should Investors Buy Home Depot's Stock After Exceeding Q2 Expectations?

Home Depot’s (HD)  stock is up +3% since beating its Q2 top and bottom line expectations on Tuesday despite the company stating higher interest rates and macroeconomic uncertainty pressured consumer demand across home improvement projects.That said, let’s review Home Depot’s favorable Q2 results and see if now is a good time to buy stock in this specialty retail leader as investors await quarterly results from its chief competitor Lowe’s (LOW)  next week.Home Depot’s Q2 Results Home Depot’s Q2 sales came in ...