After volatile swings, lumber prices seem like they are heading straight down. Fool.com contributor and finance professor Parkev Tatevosian discusses what that could mean for Home Depot (NYSE: HD) stock.
*Stock prices used were the afternoon prices of May 17, 2023. The video was published on May 19, 2023.
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Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Home Depot. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
