|Bid||37.48 x 700|
|Ask||37.62 x 200|
|Day's Range||37.45 - 37.60|
|52 Week Range||30.92 - 38.42|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
Stocks traded mostly higher on Tuesday as hope around the Trump trade was renewed among investors.
Sales of newly constructed homes fell 11.4% in April, a large drop from March and big miss from expectations. The seasonally-adjusted annual rate of 569,000 was down from 642,000 in March, a number that was revised higher, according to the latest data from the Census Bureau. "I can't blame the weather for that," quips Peter Boockvar of The Lindsey Group. Realtor.com senior economist Joseph Kirchner believes sales are crimped by low inventory.
Due to the high visibility of Home Depot's (HD) earnings, we've considered its forward PE (price-to-earnings multiple) for our analysis of its valuation.