The Home Depot, Inc. (HD) Is A Top Richard Chilton Stock Pick

The Home Depot, Inc. (NYSE:HD) is one of the 10 Best Stocks to Buy According to Billionaire Richard Chilton.

Home improvement retailer The Home Depot, Inc. (NYSE:HD)'s shares are down by 5% over the past year and are flat year-to-date. Wolfe Research discussed the firm on June 23rd as it cut the rating to Peer Perform from Outperform. Mortgage rates factored into the financial firm's discussion as it remarked that investors were evaluating the impact of the lock-in effect on The Home Depot, Inc. (NYSE:HD)'s shares. In May, UBS had lowered the firm's share price target to $430 from $450 and kept a Buy rating on the stock on the 20th. On the same day, Mizuho reduced the price target to $385 from $415 and kept an Outperform rating. The bank remarked that it expected The Home Depot, Inc. (NYSE:HD) to deliver strong performance over the long term.

As part of its earnings conference call, The Home Depot, Inc. (NYSE:HD)'s CEO Ted Decker remarked that the firm's underlying demand remained similar to levels seen in its fiscal year 2025 despite pressures on consumer certainty and housing affordability.

Carillon Eagle Growth & Income Fund discussed The Home Depot, Inc. (NYSE:HD) in its fou

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/home-depot-inc-hd-top-103334399.html)