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1 Green Flag for Home Depot in 2022, and 1 Red Flag

TheMotleyFool

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1 Green Flag for Home Depot in 2022, and 1 Red Flag: https://g.foolcdn.com/editorial/images/709914/couple-home-painting.jpg

Home Depot (NYSE: HD) isn't facing the type of painful growth slowdown that many investors had feared. That much is clear from the retailer's mid-November earnings update, which featured steady sales growth and strong profit margins.

But the announcement wasn't all good news. In fact, there's a warning sign in this report that could portend tough times ahead for Home Depot's earnings trends.

Let's take a closer look at that challenge, along with the main reason to like this stock in late 2022.

Source Fool.com

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