Home Depot (HD) Is 32% Below Its All-Time High: Here's 1 Reason to Avoid the Stock Right Now

Key Points Amidst a tighter macro backdrop with elevated inflation and higher interest rates, Home Depot’s same-store sales growth has been under pressure. The economically sensitive business will likely continue to struggle posting notable gains until the Federal Reserve loosens monetary policy. 10 stocks we like better than Home Depot › Home Depot (NYSE: HD) operates thousands of stores in total, most in the U.S. It generated $48 billion in revenue just in the latest fiscal quarter (Q2 2026 ended Aug. 2). These figures highlight its dominance in the home improvement industry. But investors haven't been winning. This well-known retail stock is trading 32% below its all-time high (as of Sept. 25).