Although, HD has mostly beat expectations in the past, i see the growth slowing down. Really tempted to place put options. Not a pro here, hence looking to gauge market sentiment.
Given the economic, job & housing indicators, are you expecting HD to meet the expectations?
What are your strategies for this option?
Home Depot Earnings Report
byu/Environmental-Log748 inwallstreetbets
Posted by Environmental-Log748
6 Comments
Even if the earnings come in a little weaker than expected, I wouldn’t count on any significant drop. The upcoming rate cuts are a positive enough growth indicator for Home Depot, as we’ve seen in the past.
I have poots. There has been a significant drop in renovation/construction and people aren’t spending the money right now.
I’m expecting them to beat, I’m an electrician and this is anecdotal
I don’t see that many folks shopping in HD or Lowe’s these days. I remember how packed it was couple years ago
Home depot won’t be around in 10 years. It’s a dying company with no future. Bullish
HD had a lot of fun during Covid. They hit record profits and got lazy. Meanwhile Lowe’s has been creeping up on these fools.