Home Depot Reaches New 52-Week High (HD)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Home Depot (NYSE: HD) hit a new 52-week high Monday as it is currently trading at $65.40, above its previous 52-week high of $65.23 with 1.1 million shares traded as of 10:05 a.m. ET. Average volume has been 8.5 million shares over the past 30 days.

Home Depot has a market cap of $96.05 billion and is part of the services sector and retail industry. Shares are up 54.8% year to date as of the close of trading on Friday.

The Home Depot, Inc., together with its subsidiaries, operates as a home improvement retailer. The company's stores sell building materials, and home improvement and lawn and garden products to do-it-yourself, do-it-for-me (at D-I-F-M), and professional customers. The company has a P/E ratio of 22.8, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Home Depot as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Home Depot Ratings Report.

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