A Fresh Look at Home Depot (HD) Valuation Following Recent Share Price Dip
Home Depot (HD) shares have traded lower over the past week, down about 3%, reflecting recent investor sentiment around the retail sector. The stock remains up around 6% for the past 3 months.
See our latest analysis for Home Depot.
Zooming out, Home Depot’s share price momentum has cooled since earlier this year. The 1-year total shareholder return has slipped slightly negative even as the stock saw modest gains over the past three months. Growth potential remains a talking point, but recent shifts in risk sentiment are keeping investors on their toes as the company’s longer-term performance stays solid.
If you’re weighing your next move in retail, it’s a great time to expand your scope and discover fast growing stocks with high…
