Range-bound Home Depot stock still is, lower prices ahead

Key PointsHome Depot had a sluggish quarter and gave weak guidance, setting it up for a correction. A move below critical support targets would put the stock back within a trading range that has dominated conditions for two years. Capital returns are reliable. The dividend increased, but share repurchases may slow in 2024. 5 stocks we like better than Home DepotInvestors hoping to see Home Depot’s NYSE: HD stock price move higher in 2024 may have to wait until later for it to happen. As bullish as the recen ...