Home Depot Oversold or Further to Fall? Hosted by Laycee KluinNovember 22, 2023 ShareLink copied to clipboard. Play video for Home Depot Oversold or Further to Fall?DetailsGuestsIf a rising tide lifts all ships, then a falling one can sink them, and a falling tide is what Home Depot and other retailers are facing. The Q3 results were better than expected, but continue the narrative played out this year. That is one of underlying momentum and better-than-expected results offset by persistent weakening and diminishing guidance. In the case of Home Depot, as with UPS, this foundational weakness will keep high-quality shares under pressure for the foreseeable future. The takeaway is that Home Depot is fundamentally sound and can continue delivering value to shareholders over the long term, so buying the dips is an excellent strategy.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioHDHome Depot4.6161 of 5 stars$381.48-1.3%2.41%25.92 Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeat77 Hedge Funds Are Betting On This Off-Radar MineralWith surging prices... supply shortages... and growing demand, hedge funds are betting big on potash. In fa...The Tomorrow Investor | Sponsored7 Stocks to Buy as Esports Goes Mainstream It won't surprise you to hear that video games are big business. This sector has grown beyond home gaming co...MarketBeatURGENT: This Altcoin Opportunity Won’t Wait – Act NowCrypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. 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Hosted by Laycee KluinNovember 22, 2023 ShareLink copied to clipboard. Play video for Home Depot Oversold or Further to Fall?DetailsGuestsIf a rising tide lifts all ships, then a falling one can sink them, and a falling tide is what Home Depot and other retailers are facing. The Q3 results were better than expected, but continue the narrative played out this year. That is one of underlying momentum and better-than-expected results offset by persistent weakening and diminishing guidance. In the case of Home Depot, as with UPS, this foundational weakness will keep high-quality shares under pressure for the foreseeable future. The takeaway is that Home Depot is fundamentally sound and can continue delivering value to shareholders over the long term, so buying the dips is an excellent strategy.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioHDHome Depot4.6161 of 5 stars$381.48-1.3%2.41%25.92 Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeat77 Hedge Funds Are Betting On This Off-Radar MineralWith surging prices... supply shortages... and growing demand, hedge funds are betting big on potash. In fa...The Tomorrow Investor | Sponsored7 Stocks to Buy as Esports Goes Mainstream It won't surprise you to hear that video games are big business. This sector has grown beyond home gaming co...MarketBeatURGENT: This Altcoin Opportunity Won’t Wait – Act NowCrypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happen...Crypto Swap Profits | Sponsored10 Cheap Stocks Under $10 to Buy Now The stock market has largely recovered from its 2022 and 2023 slowdown and continues to hit new all time highs...MarketBeat“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank ac...Weiss Ratings | Sponsored7 Stocks to Buy if Inflation Remains Higher for Longer Every month, investors get several key economic indicators that report the trajectory of inflation. The Cons...MarketBeat
