Home Depot (HD) shares have risen 17% in the last three months, outpacing the broader market but lagging some peers. The company is strengthening its position through Pro ecosystem expansion, digital innovation, and efficient capital allocation, though downward estimate revisions and a premium valuation tempered by high interest rates and subdued housing turnover raise concerns about short-term growth.
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HD Jumps 17% in 3 Months: Should You Buy, Hold or Sell the Stock?
Home Depot (HD) shares have risen 17% in the last three months, outpacing the broader market but lagging some peers. The company is strengthening its position through Pro ecosystem expansion, digital innovation, and efficient capital allocation, though downward estimate revisions and a premium valuation tempered by high interest rates and subdued housing turnover raise concerns about short-term growth.