Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-08-15T15:40:23+00:00
Latest filings show the Bill & Melinda Gates Foundation Trust opened a new position in Home Depot (NYSE:HD), worth about $353 million, during the second quarter. The stock is down about 15% over the past year. High mortgage rates and inflation pressures are causing lower new home construction and renovation projects. This directly hits HD. Home Depot expects the difficult environment to continue. The company is guiding for fiscal 2026 comparable-sales growth of just 0% to 2%, compared with 0.3% reported for 2025. The pressure is not limited to revenue. Home Depot has also been dealing with declining profitability. The company expects 2026 adjusted operating margin to come in at 12.4% to 12.6%, compared with 13.1.% the year prior. Despite stock declines, HD is trading at roughly 23 times fo
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.