
Fast Money - 02/22/22
CNBC's "Fast Money"
00:00
Is This a Home Depot Specific Story?
Caren: Valuation, i guess, caught up the home depot. I'm not sure if it is a bigger tell on housing or the consumer. But as housing prices get high, people are not going to be able to afford to buy new houses. They're going to redo parts of their old house, and so that's demand for home depot. And lows, i think it was just too expensive. It's now below the medium p e that has traded on the last few years.
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