With Jerome Powell and the Fed Cutting Interest Rates, Is Home Depot a No-Brainer Dividend Stock to Buy for a Housing Market Recovery?
Home Depot's multiyear downturn could be nearing an end.When Home Depot (HD -0.68%) talks, the stock market listens. The blue chip Dow Jones Industrial Average component is a bellwether for consumer spending and the housing market.In recent years, Home Depot's results have disappointed. Earnings have been falling, and fiscal 2025 same-store sales are expected to grow by just 1%. But that sluggish growth could quickly fade into the rearview mirror.In an effort to maximize employment and reduce inflation to 2 ...