This Investment Bank Wants You to Buy Home Depot Stock
Investors should take advantage of the recent pullback and buy shares of Home Depot (NYSE: HD). So says Swiss investment bank Credit Suisse, which upgraded the home-improvement retailer's stock from market perform to outperform on Thursday.
Analysts at the bank say Home Depot's stock has an "attractive risk/reward" profile now that its price has fallen about 10% since its third-quarter earnings results in November.
Analysts at Credit Suisse expect Home Depot's shares to recover from their recent dip. Image source: Getty Images.
Source Fool.com
