Pete Najarian Is A Buyer Of Home Depot


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Pete Najarian said that a decrease of almost 3 percent in Home Depot Inc (NYSE:HD) is unexplainable to him. He thinks the move lower creates a buying opportunity.

The stock was trading at $160 in May and June, then it dropped to $155. It is now trading below $150. Najarian believes its growth rate makes the stock attractive.

tephen Weiss commented it's surprising the stock is down because it posted a great quarter. He thinks people are taking profits because the stock is not performing well.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: CNBCEarningsLong IdeasNewsMediaTrading IdeasFast Money Halftime ReportPete NajarianStephen Weiss