Home Depot’s (NYSE: HD) Q4 2024 report and guidance for 2025 have plenty to be unhappy about, but the simple truth is that this company turned a corner in 2024. It is on track for its stock to hit new highs that could come before the middle of the year.
At face value, current conditions offset the warning housing markets may not improve. Those include a reversion to growth, better-than-expected earnings, and sustained capital returns supported by strength in the home improvement market.
