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.