Lowe's Is Down 30%, and Home Depot Is Down 18%. Here's the Housing Stock I'd Buy Even With 30-Year Mortgage Rates at 7.3%.

Impact · against what's priced in

The article provides no new catalysts for Home Depot or Lowe's, as it primarily describes the housing market headwinds and stock declines that the market has already fully accounted for. The reported same-store sales figures further confirm the divergence in performance that is already reflected in their respective valuations.

HD+0.00: Already priced in
The price assumes: The macroeconomic headwinds of high mortgage rates suppressing housing turnover and large discretionary projects.

Lowe's Is Down 30%, and Home Depot Is Down 18%. Here's the Housing Stock I'd Buy Even With 30-Year Mortgage Rates at 7.3%.

What matters in this story

Fed Preview: Rate Hikes Will Likely Wait Until December

Lowe's Is Down 30%, and Home Depot Is Down 18%. Here's the Housing Stock I'd Buy Even With 30-Year Mortgage Rates at 7.3%.

What matters in this story

Fed Preview: Rate Hikes Will Likely Wait Until December

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Lowe's Is Down 30%, and Home Depot Is Down 18%. Here's the Housing Stock I'd Buy Even With 30-Year Mortgage Rates at 7.3%.

What matters in this story

Next reads from the same story arc

Fed Preview: Rate Hikes Will Likely Wait Until December

Lowe's Is Down 30%, and Home Depot Is Down 18%. Here's the Housing Stock I'd Buy Even With 30-Year Mortgage Rates at 7.3%.

What matters in this story

Next reads from the same story arc

Fed Preview: Rate Hikes Will Likely Wait Until December

How each ticker is affected

Connected tickers

Track these names every morning.

FOMC Preview: To Hike Or Not To Hike? That's The Trap

Why The Fed Should Consider Restarting QE

Asian Currencies Consolidate as Focus Turns to Fed Decision

Morgan Stanley's Michael Gapen: Fed will likely hold rates on Wednesday