Idiot.com contributor Parkev Tatevosian discusses how altering lumber costs might affect Dwelling Depot’s (NYSE: HD) earnings.*Inventory costs used had been the afternoon costs of July 2, 2024. The video was revealed on July 4, 2024.Must you make investments $1,000 in Dwelling Depot proper now?Before you purchase inventory in Dwelling Depot, take into account this:The Motley Idiot Inventory Advisor analyst staff simply recognized what they imagine are the 10 finest shares for buyers to purchase now… and Dwelling Depot wasn’t one in every of them. The ten shares that made the lower might produce monster returns within the coming years.Think about when Nvidia made this checklist on April 15, 2005… when you invested $1,000 on the time of our suggestion, you’d have $786,046!*Inventory Advisor supplies buyers with an easy-to-follow blueprint for fulfillment, together with steering on constructing a portfolio, common updates from analysts, and two new inventory picks every month. The Inventory Advisor service has greater than quadrupled the return of S&P 500 since 2002*.See the ten shares »*Inventory Advisor returns as of July 2, 2024Parkev Tatevosian, CFA has no place in any of the shares talked about. The Motley Idiot has positions in and recommends Dwelling Depot. The Motley Idiot has a disclosure coverage.Parkev Tatevosian is an affiliate of The Motley Idiot and could also be compensated for selling its companies. Should you select to subscribe by means of his hyperlink, he’ll earn some extra cash that helps his channel. His opinions stay his personal and are unaffected by The Motley Idiot.Lumber Costs Are Crashing! What Does That Imply for Dwelling Depot Inventory Traders? was initially revealed by The Motley Idiot