Home Depot (HD) Rises 7.3% Post Q2 Earnings: Buy, Hold, or Sell?

The Home Depot Inc. (HD) has risen 7.3% since reporting second-quarter fiscal 2024 results on Aug 13, 2024. This reflects an outperformance compared with its industry peers and the broader S&P 500 index. Although the stock showed modest growth since its earnings release, HD’s second-quarter fiscal 2024 results spurred mixed sentiments among investors.Home Depot’s second-quarter fiscal 2024 results were mixed. The company exceeded the Zacks Consensus Estimate for earnings per share (EPS) and revenues. Howeve ...