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The Home Depot, Inc. (hd) Is A Top Richard Chilton Stock Pick

The Home Depot, Inc. (NYSE:HD) is one of the 10 Best Stocks to Buy According to Billionaire Richard Chilton.

Home improvement retailer The Home Depot, Inc. (NYSE:HD)’s shares are down by 5% over the past year and are flat year-to-date. Wolfe Research discussed the firm on June 23rd as it cut the rating to Peer Perform from Outperform. Mortgage rates factored into the financial firm’s discussion as it remarked that investors were evaluating the impact of the lock-in effect on The Home Depot, Inc. (NYSE:HD)’s shares. In May, UBS had lowered the firm’s share price target to $430 from $450 and kept a Buy rating on the stock on the 20th. On the same day, Mizuho reduced the price target to $385 from $415 and kept an Outperform rating. The bank remarked that it expected The Home Depot, Inc. (NYSE:HD) to deliver strong performance over the long term.

As part of its earnings conference call, The Home Depot, Inc. (NYSE:HD)’s CEO Ted Decker remarked that the firm’s underlying demand remained similar to levels seen in its fiscal year 2025 despite pressures on consumer certainty and housing affordability.

Photo by Collov Home Design on Unsplash

Carillon Eagle Growth & Income Fund discussed The Home Depot, Inc. (NYSE:HD) in its fourth quarter 2025 investor letter:

“The Home Depot, Inc. (NYSE:HD) traded lower after reporting weaker‑than expected same‑store sales for the prior quarter. While weather‑related events boosted results in the prior quarter, the additional demand management anticipated failed to materialize. On a positive note, recent acquisitions continue to perform well and appear likely to be a tailwind as the business environment improves.”

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While we acknowledge the potential of HD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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While we acknowledge the risk and potential of HD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than HD and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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The Home Depot, Inc. (hd) Is A Top Richard Chilton Stock Pick

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