Home Depot Just Reported Earnings. Here's Whether the Dow Dividend Stock Is Still a Buy.

Home Depot reported sluggish same-store sales growth of 1.7% in Q2, with management expecting flat to 2% growth for the year due to high interest rates deterring homeowners from major projects. However, earnings per share grew 5.1% year-over-year to $4.92, and the analyst believes sales will eventually accelerate. With a 3.61% dividend yield and strong market position, Home Depot remains an attractive buy for patient investors.