2. As of noon trading, Home Depot ( HD) is up $1.01 (1.4%) to $70.68 on average volume Thus far, 3.0 million shares of Home Depot exchanged hands as compared to its average daily volume of 6.7 million shares. The stock has ranged in price between $69.83-$70.75 after having opened the day at $69.90 as compared to the previous trading day's close of $69.67.

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. Home Depot has a market cap of $104.3 billion and is part of the retail industry. The company has a P/E ratio of 23.3, above the S&P 500 P/E ratio of 17.7. Shares are up 12.6% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate Home Depot a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Home Depot as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Get the full Home Depot Ratings Report now.

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