Home Depot Lifts Guidance

June 10, 2009

Shares of Home Depot (HD) are getting a nice lift today as the company increased its full-year EPS guidance. The company now sees earnings coming in between 20% and 26% lower than last year. The earlier forecast was for a 26% drop.

This isn't a huge revision but the move is positive. Since Home Depot is a component in the Dow, it should give that index some help today. Here's a look at five Dow stocks to sell right. I currently rate Home Depot a "B - Buy."

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