Fast Money Traders Share Their View On Home Depot

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CNBC Fast Money's Guy Adami
talked on the show
about
recent events
in
The Home DepotHD
. He said that he doesn't want to compare
Target CorporationTGT
and
Home Depot
because the latter is a better operator. He explained that
Target
had a similar problem and although it had a lot of time to recover from the impact, it hasn't recovered at all. Adami thinks that
Home Depot
was a good selling candidate before the hacking news came out, because all the good news were already priced in and the announced departure of the CEO, Francis Blake, was not good for the company. Dan Nathan believes that the price reaction on the news was pretty mild as the stock is down only two percent. He would also take profits in this stock.
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Posted In: CNBCMediaDan NathanGuy Adami
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