Home Depot Just Delivered a Warning to Investors. Here's Why the Dividend Stock Remains a Buy Now.
Home Depot (NYSE: HD) has been experiencing a multiyear slowdown. Its latest earnings report and commentary from the earnings call suggest that Home Depot will not see a recovery in the housing market or home improvement projects anytime soon.Here's why the retailer is a useful barometer for consumer spending and the housing market and why Home Depot, despite being in a cyclical slowdown, is still a dividend stock that is worth buying now.Image source: Getty Images.Continue reading
Home Depot (NYSE: HD) has been experiencing a multiyear slowdown. Its latest earnings report and commentary from the earnings call suggest that Home Depot will not see a recovery in the housing market or home improvement projects anytime soon.
Here's why the retailer is a useful barometer for consumer spending and the housing market and why Home Depot, despite being in a cyclical slowdown, is still a dividend stock that is worth buying now.
Image source: Getty Images.
