Thursday, May 23, 2019 7:29:25 PM
We must have a look at the Bearish perspective on HD as we go into the much anticipated retailers earnings reports this week. Spring is like christmas to Home Depot , home improvements , and in particular planting season for gardener, this year however, mother nature has not been kind which will have a impact on earnings .
Secondly, longer term is it possible the end is in sight for this economic cycle , house prices have started to stagnate and HD is very much dependant on continued homes sales .
Home depot is also very highly leveraged with debt, which has been overlooked as growth and revenues have increased, this will be to the forefront if growth stalls.
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