Home Depot Inc. (HD) opened at 24.96. So far today, the stock has hit a low of 24.96 and a high of 27.32. HD is now trading at 27.17, up 0.89 (3.57%). The stock hit its 52 week high of 42.01 in February and set its 52 week low of 23.77 in January. The stock has been slipping for the past year. Shares of Home Depot have been soaring today after a Bernstein Research analyst upped the stock to "Outperform" from "Market Perform." The broker believes that retail stocks can't fall much more on fears of a recession and they will benefit from "a more aggressive Fed policy." Technical indicators for the stock are neutral and improving while S&P gives HD a positive 4 STARS (out of 5) buy rating. If you’re looking for a hedged play on this stock, consider a March bull-put credit spread below the $22.50 range. HD stock could fall up to 17.2% before expiration and this position would still be profitable. [RHF - Seven Summits Strategic Investments NewsBite]