Home Depot (HD) is caught in a bidding war with
QXO for
GMS Inc., a building-products firm, which has sent GMS’s stocks soaring by 29%. In the midst of ongoing conflicts, HD’s shares have seen a drop of 6.4% since the last earnings report, and then 18%, prompting market speculations of whether it is the right time to invest in HD stocks. Several investment entities have increased or reduced their holdings in HD accordingly, based on their growth predictions. With HD down 18%, questions have been raised on its valuation post-earnings. The company's consistent
'Outperform' rating and attractive
five-year total shareholder returns offer contrasting perspectives. HD's attempted acquisition of GMS is said to be its measured response to escalating
tariffs, with the company intent on maintaining steady pricing. HD's recent board meeting and first quarter fiscal results for 2025 suggest it is still planning for and expecting credible performance. This supposition is backed by
Jim Cramer's confident perspective on HD'S financial future despite fluctuating market conditions.
Home Depot HD News Analytics from Tue, 25 Feb 2025 08:00:00 GMT to Sat, 21 Jun 2025 13:11:00 GMT -
Innovation -3
- Information 9
- Rumor -4
