Should You Buy the Post-Earnings Selloff in Home Depot Stock?

Home Depot (HD) stock closed more than 6% down on Tuesday after the home improvement retailer reported its third consecutive quarter of weaker-than-expected earnings. The company earned $3.74 on a per-share basis in its fiscal Q3, falling short of the $3.84 that analysts had expected, as same-store sales grew just 0.2%, reflecting demand weakness that extends beyond seasonal patterns. More News from Barchart Home Depot stock tumbled Tuesday also because the management lowered its guidance as well, now e ...