Stocks to Watch Tuesday: Home Depot, Zoom, Palantir, Cleveland-Cliffs

As the market continues to fluctuate, investors are keeping a close eye on several key stocks. Today, we'll be focusing on Home Depot (HD), Zoom Video Communications (ZM), Palantir Technologies (PLTR), and Cleveland-Cliffs (CLF). Let's dive into the latest developments and what to expect from these companies.

Home Depot (HD): Weathering the Economic Storm

Home Depot reported its fourth-quarter earnings on Monday, with revenue of $34.9 billion, up 5.2% year over year. However, earnings per share (EPS) came in at $3.63, down 1.7% from the same period last year. The company attributed the decline to higher costs and lower margins. Despite the earnings miss, Home Depot's stock price rose slightly in after-hours trading.



Analysts remain optimistic about Home Depot's prospects, with an average price target of $433.44, representing an 11% upside from the current price. The company's strong brand, extensive product offerings, and robust balance sheet position it well to navigate the current economic uncertainty.

Zoom Video Communications (ZM): Volatility and Growth Potential

Zoom's stock price has been on a rollercoaster ride recently, surging 65% in 2025 alone before crashing 30% in less than two weeks. The rally was driven by strong earnings reports, while the decline was triggered by news of CEO Alex Karp's plans to sell shares and concerns about cutbacks in government spending.

Despite the recent volatility, Zoom's growth potential remains intact. The company's earnings report for the fourth quarter of 2024 demonstrated strong growth among U.S. commercial clients, with a 63% increase in U.S. commercial revenue year over year. As the company continues to innovate and expand its product offerings, it could attract more customers and increase revenue.

Palantir Technologies (PLTR): Navigating Market Uncertainty

Palantir, a leader in publicly traded companies offering products grounded in AI technologies, has faced its share of market uncertainty. The company's stock surged 65% in 2025 alone before crashing 30% in less than two weeks. This volatility may be due to heavy ownership among actively trading individual investors, which could lead to more dramatic price swings.



Palantir's aggressive revenue growth and perceived ease of use and reliability of its software have made it a darling of the AI trade. However, investors should be aware of the risks associated with the company's dependence on government contracts and potential slowdown in the AI trade. As the company continues to innovate and expand its customer base, it can maintain its growth momentum in a volatile market.

Cleveland-Cliffs (CLF): A Play on Iron Ore and Steel

Cleveland-Cliffs, a leading producer of iron ore pellets and other iron ore products, has been benefiting from strong demand for its products in the steel industry. The company's stock price has been on an upward trajectory, driven by its strong financial performance and growth prospects.

As the steel industry continues to grow, Cleveland-Cliffs is well-positioned to capitalize on the increasing demand for its products. The company's strong financial performance, coupled with its growth prospects, makes it an attractive investment opportunity for investors looking to gain exposure to the steel industry.

In conclusion, investors should keep a close eye on Home Depot, Zoom, Palantir, and Cleveland-Cliffs as these companies navigate the volatile market and seek to maintain their growth momentum. By staying informed about the latest developments and understanding the risks and opportunities associated with each company, investors can make more informed decisions and capitalize on potential investment opportunities.