The Best and Worst Dow Stocks

11. The Home Depot, Inc. (NYSE:HD)

Number of Hedge Fund Holders: 88

Short Interest as of Apr 30, 2025: 1.02%

The Home Depot, Inc. is a home improvement retailer. It sells different home improvement products, decor products, building materials, and lawn and garden products.

The company’s chief executives recently held a meeting with President Donald Trump to review tariff consequences on the business. The meeting was centered on the potential impacts of broader tariffs on imported goods. According to President Trump, the meeting was productive.

The company shared sentiments about the meeting through a statement:

“We had an informative and constructive meeting with the President and look forward to continuing the dialogue.”

The struggling retail sector will need all the support it can get from the President, who is adamant on tariff measures that may result in inflation.

Investors have also reacted positively to the recent earnings after being impressed by the positive comparable sales growth. After two years of decline, analysts noted it as a significant achievement. Jefferies analyst Jonathan Matuszewski also noted a significant rise in comparable transactions.

Managing director of GlobalData, Neil Saunders, highlighted:

“The fact that US comparable sales are back in the black after declining for eight quarters or two years is a very clear win for Home Depot, and it suggests that the home improvement market as a whole might finally be reaching the nadir of its more sluggish performance.”

Going forward, the company expects total sales growth of 2.8% along with the comparable sales growth of 1%. Operating margin is anticipated to be 13% however, gross margin is projected to be flat.