Fool.com contributor Parkev Tatevosian discusses how changing lumber prices could influence Home Depot's (HD 0.52%) profits.
*Stock prices used were the afternoon prices of July 2, 2024. The video was published on July 4, 2024.
Lumber Prices Are Crashing! What Does That Mean for Home Depot Stock Investors?
By Parkev Tatevosian, CFA – Jul 6, 2024 at 4:44AM EST
NYSE: HD
Home Depot
Market Cap
$353B
Today's Change
(-0.52%) $1.87
Current Price
$354.88
Price as of December 18, 2025 at 3:58 PM ET
The prices for lumber have been volatile ever since the onset of the pandemic.
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Stocks Mentioned
Home Depot
NYSE: HD
$354.88 (0.01%) $1.87
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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