Jun. 4 at 2:53 PM
$HD: Overvalued or Opportunity? 🤔
Despite a 4.1% dip last month, HD's P/E of 24.05X and P/S of 2.23X suggest a premium valuation over peers like
$LOW and
$WSM. Investors are cautious amid high rates and economic uncertainty, despite HD's leadership in the home improvement market through digital investments.
Discover the full analysis here 👉 https://www.zacks.com/commentary/2484674/home-depot-stocks-high-pe-justified-premium-or-too-pricey-to-buy?cid=sm-stocktwits-2-2484674-body&ADID=SYND_STOCKTWITS_TWEET_2_2484674_BODY