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Down 30%, Is Now the Time to Buy Home Depot Stock?
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Down 30%, Is Now the Time to Buy Home Depot Stock?

Yahoo Finance · May 23, 2026, 2:05 PM

Key takeaways

  • Let s take a closer look at the home improvement retailer s fiscal Q1 report and prospects to see if now is a good time to buy the stock.
  • Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need.
  • Home Depot saw its global comparable-store sales edge up 0.6% higher in fiscal Q1, marking its fourth straight quarter of positive growth.

Geoffrey Seiler, The Motley Fool Sat, May 23, 2026 at 9:05 PM GMT+7 4 min read HD For the sixth straight quarter, Home Depot (NYSE: HD) squeezed out positive U.S. same-store sales when it reported its fiscal first-quarter results on May 19. That follows a period in which the company saw its U.S. same-store sales decline for eight consecutive quarters. In a bit of irony, the stock held up very well during this tough sales stretch, but more recently, the share price is down nearly 30% from its highs despite turning the corner on the sales front.

Let s take a closer look at the home improvement retailer s fiscal Q1 report and prospects to see if now is a good time to buy the stock.

Will AI create the world s first trillionaire? Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need. Continue »

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