This top retailer has a strong position with a key customer group.Buying industry-leading businesses has generally worked out well for investors over the long haul. This applies even in the home improvement space.If you'd bought $10,000 worth of Home Depot (HD -1.29%) shares 10 years ago, you'd be sitting on a portfolio balance of $58,000 today. If we look back even further, the gains are even more impressive.As this top retail stock sits 18% below its peak price (as of April 12), you might be eyeing Home D ...

A remarkable return like this can only be achieved if a company becomes dominant in its industry.Investing in the stock market is one of the best ways that people can grow their wealth. Over many decades, the results that the S&P 500 can produce can be truly extraordinary.But there is one business in particular that has absolutely crushed it for investors, much more than the overall market. Since its initial public offering in 1981, this top retail stock has generated a total return of 3,000,000%, which wou ...

More than 40 HBCUs Receive Grants for Campus Improvements and Innovation Lounges at Annual Award Celebration ATLANTA, April 12, 2024 /PRNewswire-HISPANIC PR WIRE/ -- The Home Depot awarded 42 Historically Black Colleges and Universities (HBCUs) with nearly $3 million in grants for campus enhancements at the annual Retool Your School Awards Celebration. Albany State University, South Carolina State University and Paine College placed first in their respective clusters, each winning a $150,000 grant. Since i ...

In the latest trading session, Home Depot (HD) closed at $347.37, marking a -0.91% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.74%. Elsewhere, the Dow lost 0.01%, while the tech-heavy Nasdaq added 1.68%.Heading into today, shares of the home-improvement retailer had lost 7.5% over the past month, lagging the Retail-Wholesale sector's gain of 1.06% and the S&P 500's gain of 0.8% in that time.Market participants will be closely following the financial results ...

ATLANTA and LAS VEGAS, April 11, 2024 /PRNewswire/ -- Today, Google Cloud and The Home Depot announced an extension of their multi-year relationship that will help the world's largest home improvement retailer accelerate its technology strategy and help customers complete their home improvement projects more efficiently and affordably. The two companies have collaborated closely since 2015 to innovate retail technology, all to improve The Home Depot's associate and customer experience no matter where shoppe ...

The hot inflation report weighed on the home improvement retailer.Shares of Home Depot (HD -3.00%) were moving lower today as the home improvement retailer responded to the hotter-than-expected inflation report this morning.As the nation's leading home improvement retailer, Home Depot has significant exposure to the housing market, and the higher-than-expected inflation reading means that mortgage rates are less likely to come down soon, making a housing recovery less likely.As a result, the stock was down ...

A small initial investment can go a long way.With many brokerages offering no-commission trading, there's effectively no minimum amount of cash you can put to work in the stock market. Whether you're investing hundreds or thousands of dollars, you can benefit from the historically strong returns available through owning a diversified portfolio of high-quality equities over many years.Dividend stocks are a great option for investors who want to invest smaller amounts of capital, because they provide instant ...

They may be in the same business, but these two names are far from being just alike.At first blush, the two retailers look so alike that they almost seem interchangeable. For investors, though, the devil is in the details. Home improvement chains Lowe's Companies (LOW 0.55%) and Home Depot (HD 0.05%) are different enough in ways that matter to investors. One stock is better than the other.That winning name? Home Depot. Here's why.Home Depot vs. Lowe'sDon't misunderstand --both retailers have their challenge ...

The Home Depot, Inc. (NYSE:HD) J. P. Morgan 10th Annual Retail Round Up Conference April 4, 2024 9:00 AM ET Company Participants Richard McPhail - EVP & CFO Conference Call Participants Chris Horvers - J. P. Morgan Chris Horvers All right, great. Thank you for everyone joining us today on our 10th Annual Retail Round Up Day 2. It's my distinct pleasure to have with me Chief Financial Officer of The Home Depot, Richard McPhail. Thank you for joining us again this year. We always appreciate your support of ou ...

Home Depot (HD) closed at $359.90 in the latest trading session, marking a -0.85% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.11%. At the same time, the Dow lost 0.11%, and the tech-heavy Nasdaq gained 0.23%.The home-improvement retailer's stock has dropped by 4.08% in the past month, falling short of the Retail-Wholesale sector's gain of 0.04% and the S&P 500's gain of 1.5%.Market participants will be closely following the financial results of Home Depot in it ...