Jefferies Reiterates Buy on Home Depot (HD) After Mingledorff’s Deal

The Home Depot, Inc. (NYSE:HD) is 1 of the

10 Best 52-Week Low NYSE Stocks to Buy Now.

On March 24, 2026, Jefferies said The Home Depot, Inc. (NYSE:HD) acquisition of Mingledorff’s expands its and SRS Distribution’s full addressable marketplace by $100B and strengthens its presumption successful HVAC distribution. Jefferies said continued consolidation successful gathering products organisation supports semipermanent net powerfulness and reiterated a Buy rating.

Earlier that day, The Home Depot, Inc. (NYSE:HD) subsidiary SRS Distribution entered into an statement to get Mingledorff’s, an HVAC distributor operating 42 locations crossed 5 southeastern U.S. states. The institution said Mingledorff’s enactment volition stay successful place, with the woody expected to adjacent successful Q2, taxable to approvals and funded done currency and debt, without impacting its people leverage ratio timeline.

Photo by Collov Home Design connected Unsplash

Earlier successful March, The Home Depot, Inc. (NYSE:HD) announced plans to motorboat a real-time transportation tracker for ample materials by the extremity of Q1, providing minute-by-minute updates done its app and website utilizing GPS-enabled tracking.

The Home Depot, Inc. (NYSE:HD) operates a location betterment retail concern serving customers globally.

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