|Day's range||0.5700 - 0.6300|
Decades-high inflation and rapidly rising interest rates crushed the market in 2022 as investors soured on speculative stocks in favor of safer assets. Many of these businesses are trading well below their peaks -- among them, home improvement retailer Home Depot (NYSE: HD). Home Depot shares hit an all-time high price of $403.11 in December 2021, but since then, the stock is down 32%.
Home Depot and Procter & Gamble face challenges, but one's valuation makes it the better investment.
Key Insights Significantly high institutional ownership implies Home Depot's stock price is sensitive to their trading...