U.S. markets closed
  • S&P 500

    3,963.51
    +29.59 (+0.75%)
     
  • Dow 30

    33,781.48
    +183.56 (+0.55%)
     
  • Nasdaq

    11,082.00
    +123.45 (+1.13%)
     
  • Russell 2000

    1,818.29
    +11.39 (+0.63%)
     
  • Crude Oil

    71.90
    +0.44 (+0.62%)
     
  • Gold

    1,801.90
    +0.40 (+0.02%)
     
  • Silver

    23.29
    +0.04 (+0.19%)
     
  • EUR/USD

    1.0562
    +0.0048 (+0.45%)
     
  • 10-Yr Bond

    3.4910
    +0.0830 (+2.44%)
     
  • GBP/USD

    1.2235
    +0.0030 (+0.24%)
     
  • USD/JPY

    136.5990
    +0.0750 (+0.05%)
     
  • BTC-USD

    17,214.16
    +357.80 (+2.12%)
     
  • CMC Crypto 200

    405.01
    +10.32 (+2.62%)
     
  • FTSE 100

    7,472.17
    -17.02 (-0.23%)
     
  • Nikkei 225

    27,574.43
    -111.97 (-0.40%)
     

Is Now the Right Time to Buy Home Depot Stock?

Is Now the Right Time to Buy Home Depot Stock?

Mega-retailer Home Depot (NYSE: HD) has fallen roughly 24% from its post-pandemic peak. The home improvement boom of 2020 and 2021 sent the stock soaring, but now a slowing housing market and inflation impacts on consumer spending have investors concerned. With potential economic challenges on the horizon, investors are rightly wondering if now is a good time to buy Home Depot stock or not.