|Day's range||20.50 - 20.75|
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This growth stock has fallen as a result of several macroeconomic factors. However, the primary causes for the decline are temporary. Investors might kick themselves for missing an opportunity to buy this growth stock at such a discount.
Home improvement giant Home Depot (NYSE: HD), home goods retailer Williams-Sonoma (NYSE: WSM), and fintech pioneer PayPal (NASDAQ: PYPL) are all predictable businesses that offer a degree of safety. According to data from real estate company Redfin, the median sales price for homes in the U.S. is down a little more than 10% since May of 2022. It's a near-term risk to be aware of with Home Depot as earnings could drop.