Home Depot (HD) Near 52-Week Low, Long-Term Foundation Holds
Description
Nick Raich believes Home Depot (HD) remains a core long-term holding even though he says the company could've better managed earnings expectations. He sees high mortgage rates adding to pressure but expects the company to take advantage of opportunity elsewhere. Jaime Katz sees operating margin compression as the biggest issue Home Depot will face. However, Jamie says operating leverage can act as a buffer for further downside risk.
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