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Bill Combs
@billcombs · May 16

Home Depot $HD

This company reported its quarterly results today.

Home Depot is one of the largest retail companies in the construction industry. The company specializes in the sale of building materials, home supplies, or even garden equipment. It also helps with construction projects.

Results :

Sales : $37.3 billion

Earnings per share of $3.82

However, sales were affected by customers buying cheaper items and not the more expensive and larger ones, such as garden furniture, and it was also due to worse weather.

How do you feel about this company and do you possibly own its stock?

BG
Barrett Gardener @justbarrett May 16

Definitely an interesting stock, but priced a bit too much than I would have imagined.

BC
Bill Combs @billcombs May 16

I would also like to buy at a lower price.

AY
Alden Yap @aldenyap May 16

Another option to add, the numbers aren't so bad that they threaten a big drop... I trust HD and I don't think it's completely at a bad price as feel free to mislead me, but to me the price comes out in a good zone as far as the chart is concerned... https://www.tradingview.com/x/oVnep9Tx/

BC
Bill Combs @billcombs May 16

The price is definitely already nice, but I'd be happy if it dropped a bit lower.

RB
Randolf Babcock @randolfbab May 16

The$HD for me is still a bit off on the covid hype, it's a good stock but to buy it would still need to go down in price 👍

BC
Bill Combs @billcombs May 16

I agree, I wouldn't shop around now either and wait for a better price.

MD
Monday Dayton @mondaydayton May 16

I don't follow this company much so I don't know, but I'm looking now and it's over $4 minus, do you know why? ... now more companies maybe have good numbers, but because of the future outlook they're going down anyway

BC
Bill Combs @billcombs May 16

Here, the drop was more due to the drop in sales and overall worse results.