The "HD stock price" remains in a multi-week uptrend, supported by positive macro signals from the construction and remodeling sector, which has weathered economic slowdowns better than expected. Value stocks cater to investors who want to buy reliable companies with a decent margin of safety. Instead of buying high-flying growth stocks that can crash and burn if the economy goes through a recession, value stocks can hold their ground during uncertainty. From a valuation standpoint, Home Depot trades at a forward price-to-sales ratio of 2.49, higher than the industry’s 1.77. HD carries a Value Score of D. Sector rotation toward consumer discretionary stocks has lifted the "HD stock price", with traders noting that options activity on $350 strike calls has sharply increased, hinting at speculative bullish bets.
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