Re: This Analyst Sees a 17% Downside to Home Depot Stock. Here's Why.
There are a number of Home Depot around Houston and Lows and their parking lots are full this weekend.
HD chart Nov $288 to Feb $340.... current before the bell today $329. ... PT $400
This is just one city so could be other cities are not as busy....
Lows and Home Depot have been trading in sync over the last 4 months on the Peer Comparison chart .
So does this Analyst must think this run up has no where to go except DOWN ? !
As long as I continue to pay my huge amount of HD fat invoices there is no worry about their dividend getting paid to investors.