Should You Buy The Home Depot, Inc. (HD)’s Shares?

The Home Depot, Inc. (NYSE:HD) is one of the 10 Best Stocks to Buy in 2026 According to Billionaire D.E. Shaw.

Home improvement retailer The Home Depot, Inc. (NYSE:HD)’s shares have remained weak in 2026. They are down by 8.7% over the past year and by 2% year-to-date. 404 Media was out with an interesting report about the firm, as it outlined that it and Lowe’s rely on Flock Safety’s license plate system to capture data in order to combat theft. The Home Depot, Inc. (NYSE:HD) also announced on July 8th that it was expanding deliveries for overseas military families. The firm expanded its partnership with Military Exchanges to also include deliveries to Army Post Office (APO), Fleet Post Office (FPO) and Diplomatic Post Office (DPO) addresses.

Should You Buy The Home Depot, Inc. (HD)’s Shares?

Photo by Collov Home Design on Unsplash

Wolfe Research cut the firm’s rating to Peer Perform from Outperform on June 23rd. The financial firm outlined that The Home Depot, Inc. (NYSE:HD)’s long term earnings potential was being evaluated through the lens of its shift to professional contractors and the impact of the lock-in effect of mortgages. The Home Depot, Inc. (NYSE:HD) has also been present in D. E. Shaw’s 13F filings for quite some time. According to Insider Monkey’s data, the stock has been present in the filings since 2011. except for a brief exit in Q4 2015.

While we acknowledge the risk and potential of HD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than HD and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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