Few stocks are more closely tied to the housing market than Home Depot (HD) and Lowe's (LOW). Therefore, it comes as little surprise that both stocks are down year-to-date as the rest of the market rallies.
Both retailers are set to report earnings in the next 6 trading days-with Home Depot out on Tuesday and Lowe's the following Monday. Analysts expect Home Depot to say that per-share earnings dropped 15%.
Considering the bullish sentiment in the market, are these stocks the classic fixer-upper or the proverbial a money pit?