Schwab Network

HD ‘Distinguishing’ Itself from Competitors Through AI, Pro Segment


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Nick Raich and Jamie Meyers break down Home Depot (HD) earnings as the stock moves higher in Tuesday’s session. Nick, whose firm has HD as a core holding, says the market was “pleasantly surprised” by the report and there are no signs of recession based on their numbers. Lower rates could boost the stock this year. Jaime is also encouraged by the results, noting big-ticket items saw an increase. He thinks they’re separating themselves from competitors through their pro segment and says its AI adoption is adding strength.


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