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Home Depot's stock is down off its highs and is trading at a reasonable valuation.
Sales at Home Depot (HD 0.23%) boomed at the pandemic's onset. That trend is reversing, and investors are questioning if now is a good time to buy Home Depot stock. In this video, I will answer that question using my six-step framework.
Stock prices used were the afternoon prices of Aug. 31. The video was published on Sept. 1, 2022.
Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Home Depot. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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