Home Depot stock analysis (HD) 

2024Q3:

Global financial institution Oppenheimer’s Analysts are bullish on Home Improvement stocks and raising its PT to $400. It is hitting a new 52-week highs, which is a positive sign. With the Feds easing the rate cycles, the housing activity and demand for home-related products will be boost. People tend to upgrade their houses before they go on market. This align with buying HD strategy. Lower mortgage rates, however, has a lag effect before all the sales number are impacted positively.