I am changing my recommendation for Home Depot from a buy to a hold due to growth assumptions and near-term headwinds.

“After three years of exceptional growth for our business, 2023 was a year of moderation,” said CEO ... Home Depot expects sales and earnings per share to each grow 1% over the current fiscal ...

The U.S. economy may soon enter a perilous phase, according to Bob Nardelli, former CEO of Home Depot and Chrysler ... and the overspending of this current administration,” he stated, adding ...

"While macroeconomic uncertainty remains, our third-quarter performance exceeded our expectations," said Home Depot CEO Ted Decker in ... upside of nearly 3% to current levels.

While Home Depot will benefit from this, the current slowdown in customer spending ... continued macroeconomic uncertainty," Home Depot CEO Ted Decker said during the most recent earnings call.

Bernie Marcus, who co-founded the Home Depot chain with Arthur Blank in 1978 ... particularly in bigger ticket categories" in the third quarter, CEO Marvin Ellison said. Retail sales fell in ...