Home Depot (HD) shares rise despite earnings missing on the top and bottom lines, with same-store sales also falling short of expectations. D.A. Davidson managing director and senior research analyst Michael Baker says investors are buying Home Depot today, not because of its current same-store sales growth, but on expectations that the sales will normalize to a pre-pandemic average level. The analyst also notes three themes seen in Home Depot earnings that investors can watch for in other retail results. #youtube #stocks #earnings About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market…
Saturday, August 23
