Home Depot Shows Signs of Turning the Corner. Is Now a Good Time to Buy the Stock?

The company looks well positioned to rebound next year.From an operational standpoint, Home Depot (HD 0.61%) has been dealing with a difficult environment for the past few years. Same-store sales have declined consistently since the end of 2022. Despite that, the stock has held up well, and is up by around 40% over the past year as of this writing.In its fiscal third quarter, which ended Oct. 27, same-store sales declined again. However, the decline was smaller than expected, and it looks like the company c ...