• TD Securities upgrades Home Depot Inc (NYSE: HD) to "Buy" with a current stock price of $367.96.
• The company plans to limit foreign sourcing to 10% by 2026 to mitigate tariff threats.
• Home Depot's market capitalization stands at $366.09 billion, showcasing its significant retail sector presence.

Home Depot Inc (NYSE: HD) is a leading home improvement retailer in the United States, offering a wide range of products, including building materials, home improvement supplies, and garden products. Competing with other major retailers like Lowe's and Menards, Home Depot is renowned for its extensive product selection and customer service.

On June 2, 2025, TD Securities changed its rating for Home Depot to "Buy," despite the action being labeled as a downgrade. At the time of this update, the stock was priced at $367.96. This decision reflects confidence in Home Depot's strategic moves, such as its plan to limit foreign sourcing to 10% by 2026. This strategy aims to reduce risks from potential new tariff threats.

Home Depot's current stock price is $367.96, showing a slight decrease of 0.33, or approximately -0.09%. The stock has experienced fluctuations today, with a low of $361.84 and a high of $368.04. Over the past year, the stock has seen a high of $439.37 and a low of $323.93. These figures indicate the stock's volatility and the market's response to Home Depot's strategies.

The company's market capitalization is approximately $366.09 billion, reflecting its significant presence in the retail sector. With a trading volume of 2,504,863 shares, Home Depot remains an active player in the stock market. The company's decision to cap foreign sourcing sets it apart from other U.S. retailers, highlighting its proactive approach to managing international trade risks.