Want to Buy Home Depot Stock? Here's the Key Number Every Investor Should Follow
Home Depot(HD) The Motley Fool·2024-08-24 18:18
Investors will likely see better market conditions for the company in 2025, but they will have to be patient before they see the full benefit of lower interest rates.Some investors are looking at buying The Home Depot (HD 2.80%) stock as a play on the likelihood of a decline in interest rates boosting the housing market and a corresponding increase in spending on home improvement. It's an intriguing idea, but skeptics suggest the housing market recovery may prove sluggish, even in a lower interest-rate envi ...