The home improvement industry has long been a witness to the tussle between the market duopoly — The Home Depot Inc. (HD) and Lowe’s Companies Inc. (LOW) . Having dominated the U.S. home improvement market for long, Home Depot and Lowe’s have time and again been in competition with each other for the top spot.Given the situation, choosing between these companies has always turned out to be daunting for investors. While these two big names have impressed investors with stability and growth, picking one stock ...

M. SuhailWhen it comes to the Power of Compounding, there are not many better examples of there than The Home Depot (NYSE:HD). HD has been a compounding darling for years, and what I mean by that is the fact that they have provided not only solid dividend growth over the years, but separate from the dividend, they have provided great share price appreciation. However, over the past few years, HD shares have well underperformed the S&P 500 (SPY) by a decent margin. yChartsLooking at the performance char ...

The Home Depot Inc. (HD) has completed its previously announced acquisition of SRS Distribution, a leading specialty trade distribution company across several verticals. Per the acquisition pact signed on Mar 28, 2024, Home Depot bought the latter for an enterprise value of $18.25 billion, including net debt. The company funded the acquisition through cash on hand and debt.The acquisition is likely to expand Home Depot’s total addressable market (“TAM”) to $1 trillion, marking an increase of $50 billion. Th ...

ATLANTA, June 18, 2024 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, has completed the acquisition of SRS Distribution, Inc. ("SRS") for a total enterprise value of approximately $18.25 billion. SRS is a leading residential specialty trade distribution company across several verticals serving the professional roofer, landscaper and pool contractor. The agreement to acquire SRS was announced on March 28, 2024. "SRS is an excellent fit for The Home Depot – it's both complemen ...

You don't need to follow the market's hot trends -- but if you do, choose some safe stocks to balance them out.If you can imagine buying a stock and holding it for 30 years, you're ahead of the game. By following that kind of investing philosophy, you give yourself a good chance of beating the market and perhaps becoming a millionaire. At the very least, you're likely to retire much richer than you are today.There's no way to know for sure what will happen to any specific investment, but if you do your due ...

Can Home Depot still deliver returns for investors?Home Depot (HD -0.30%) has succeeded by becoming a go-to supplier for construction, repair, and remodeling projects for individuals and businesses. Founders Stanley Marcus and Arthur Blank succeeded by bringing together home improvement-related needs, such as lumber, plumbing, electrical, flooring, and other product lines under one roof.Over time, this approach made it the world's largest home improvement retailer. However, growth has slowed in recent years ...

Home Depot stock is a staple in many portfolios, so let's see where it stands in a challenging macroenvironment.The housing market has cooled, along with Home Depot's (HD -0.30%) stock, but the world's largest home improvement retailer is preparing to complete an $18.25 billion acquisition of SRS Distribution, a building products wholesale distributor, to bolster its future growth.As Home Depot shareholders wait for the deal to go through and the housing cycle to turn around, the company will continue to pa ...

The Home Depot Inc. (HD) looks well-poised for long-term growth on its ongoing investments to strengthen its business despite the recent softness in demand trends across the home improvement industry. Home Depot is witnessing significant benefits from the execution of its strategic initiatives and commitment to investing in the business to deliver the best interconnected shopping experience, capture wallet-share with the Pro, and expand its store footprint.The company is on track with the execution of the “ ...

Home Depot (HD) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this home-improvement retailer have returned +1.5% over the past month versus the Zacks S&P 500 composite's +4.2% change. The Zacks Building Products - Retail industry, to which Home Depot belongs, has lost 0.1% over this period. Now the key question is: Where could the stock be headed in the near term?Alt ...

ATLANTA, June 14, 2024 /PRNewswire/ -- The Home Depot® (NYSE: HD) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act"), in connection with its pending acquisition of SRS Distribution Inc. ("SRS"). The expiration of the waiting period occurred at 11:59 p.m. on June 13, 2024.The expiration of the waiting period under the HSR Act satisfies an important condition necessary for the completion of the transaction.The transaction is expe ...