Home Depot’s Next Earnings Report on May 19 Could Send the Stock Soaring. Here’s Why.
Key PointsA buyer’s market for homes in the U.S. will eventually turn the tide in Home Depot’s favor.A weak housing market could not deter five consecutive quarters of positive comparable store sales in the U.S.Driving its strategy has been the evolution of its professional contractor business model.For the last five years or so, The Home Depot (NYSE: HD) has fallen out of favor with the stock market.