Home Depot's (HD) Q2 results are expected to reflect headwinds related to soft consumer spending trends, lumber deflation and continued investments to capture market share.
Analysts at the Telsey Advisory Group downgraded Lowe's and Home Depot stock amid a housing market that is weakened by falling home sales and mortgage increases.
The "Halftime Report" traders debate the biggest analyst calls of the day.
The housing market will remain weak throughout 2024, Telsey Advisory Group argues. That will weigh on home-improvement stocks.

2 Home Improvement Stocks Downgraded

10:49am, Tuesday, 08'th Aug 2023
The shares of home improvement retailers Home Depot Inc (NYSE:HD) and Lowe's Companies Inc (NYSE:LOW) are taking a hit today, after Telsey Advisory Group downgraded both to "market perform" from "outp
The Home Depot's stock has performed better than we have expected in the past year, with returns in line with those of the broader market. The improving macroeconomic environment, including consumer c
Consumer stocks have been a mixed bag for investors in 2023. The Consumer Discretionary Select Sector SPDR Fund (NYSEARCA: XLY ) is up 34.5% so far this year, making it the S&P 500's third-best-perfor
While the Federal Reserve seeks to spark gentle disinflation, it can't be too soft on accelerating consumer prices either, which is exactly why investors need to consider reliable stocks during rate h
Industry stalwarts such as Walmart (WMT), Home Depot (HD) and Costco (COST) have withstood multiple market gyrations and delivered returns to investors.
This Tech dividend stock has become overvalued. I explain why taking gains is extremely important in any market. I offer 1 SWAN dividend replacement.
Time sure flies fast; we're nearing the end of July, and the holiday season is fast approaching. The anticipation for the festivities also comes with busy days of last-minute shopping and family trips

1 Growth Stock Down 21% to Buy Right Now

05:45pm, Friday, 28'th Jul 2023
Home Depot stock has sold off on a slowdown in the housing sector. Management expects a decline in sales and profits this year.
The Dow Jones Industrial Average will likely conclude its historic 13-session winning streak on Thursday.
US politicians should be taking the economy "very seriously," according to Bob Nardelli, who warned of "more uncertainty now" within a broad sector of businesses.
Former Home Depot CEO Bob Nardelli reacts to the economy weighing on voters' minds before the thick of 2024 campaigning. https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness
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