or will this end in tears for some investors let's bring in brian nagel, senior analyst at oppenheimer fast? >> well, good afternoon. look, it's hard to say you know, i think your opening was perfect because i'm getting a lot of questions on caravana from our clients the stock has essentially quadrupled off of its recent lows but we also have to keep in perspective, this is a stock that was trading $370 back in later 2021 so, it's still well off those highs. but, look, as i think about fundamental -- think about caravana as a fundamental analyst. i don't see much improving for the business right now one of the bigger questions and one of the reasons i'm not recommending our clients right now is in my mind, there's still what i call significant funding gap here this is a company that will need to raise additional capital in order to sustain its business model. you know, i think to a certain extent, obviously the caravana stock prices rallied with similar-type names, but i think the market is getting less concerned on that front. the capital markets will open, will alaw caravana to garne

joining us now for more is home depot reaction with brian nagel. you always liked the stock, brian. can you explain what is happening here is it surprising to you or is it the macro back drop? we said real estate of the sectors may be the one place does that impact home depot? >> joe, good morning generally speaking, i have liked home depot as a stock. i always liked it as a company. i think we are seeing we have to keep in mind that it behooves home depot to be conservative with the initial outlook for 2023 if you look at the q4 results, that was largely in line with expectations no surprises there largely in line. the initial 2023 guidance looks a bit soft to relative expectations to some extent, that is reflecting a challenged back drop home depot is a smart company. they understand how to guide where they can deliver on the guidance and beat the guidance there is some concern with the initial outlook. >> now is the time to take your lumps and try to beat. at least be conservative and hope for the best two and a half months before they finally have to report. 3% haircut today, br