On CNBC's "Fast Money Halftime Report," Stephanie Link discussed some portfolio changes she made. Of them, she mentioned The Home Depot (NYSE:HD).
"We sold The Home Depot. It's too expensive at 26 times forward earnings," said Link.
Home Depot has seen a spike in interest amid the coronavirus pandemic as people look to fill their time with home improvement projects.
Black & Decker is a manufacturer of hand and power tools. Its products can be found in many homebuilding stores, including Home Depot.