Home Depot, Inc. (NYSE:HD) saw a drop in stock value after missing earnings expectations. The company also cut its full-year forecast for sales growth and earnings. Investors are watching the Fed’s rate decision closely to gauge Home Depot’s future performance.

Home Depot, Inc. (NYSE:HD) is a leading home improvement retailer offering tools, building materials, and decor. The company also provides installation and equipment rental services to customers.

Despite Home Depot’s potential as an investment, some believe that certain AI stocks offer greater upside potential with less downside risk. Investors looking for undervalued AI stocks can explore opportunities in the market.

Read more at Yahoo Finance: Jim Cramer Says Home Depot Stock is Going to Struggle if Fed Doesn’t Cut Rates Next Month