Home Depot Is Heading For The Bargain Basement, Be Ready

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ValueWalk

Home Depot is moving lower after weak guidance that may be too optimistic for 2023.Cash flow remains strong and the dividend safe.Price action is heading lower, but a buying opportunity is in the making.5 stocks we like better than Home DepotHome Depot (NYSE:HD) is a good company with an outstanding stock, but now is not the time to buy. The company’s Q4 results and guidance for 2023 have the stock headed for the bargain basement, which is good news but not news that should be acted on now. Q4 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor has been…

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