Home Depot Is A Hold Due To Its Valuation
Home Depot(HD) Seeking Alpha·2024-01-22 07:52
Justin Sullivan Introduction The current economic climate presents a unique landscape in the consumer discretionary sector. Amidst increased business uncertainty, investors often prefer less volatile and cyclical investments, leading to a general fear of consumer discretionary stocks. However, this is precisely when high-quality companies in this sector can stand out. Possible market sell-offs, driven by fears of an economic downturn, can sometimes make the stocks of fundamentally strong companies more attr ...