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Home Depot: Buy, Sell, or Hold?
HDHome Depot(HD) The Motley Fool·2024-06-16 09:15

Home Depot stock is a staple in many portfolios, so let's see where it stands in a challenging macroenvironment.The housing market has cooled, along with Home Depot's (HD -0.30%) stock, but the world's largest home improvement retailer is preparing to complete an $18.25 billion acquisition of SRS Distribution, a building products wholesale distributor, to bolster its future growth.As Home Depot shareholders wait for the deal to go through and the housing cycle to turn around, the company will continue to pa ...