Home Depot(HD)
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Better Dividend Stock to Buy: Home Depot vs. Coca-Cola
The Motley Fool· 2024-01-27 12:55
If you're on the hunt for profitable, well-established businesses to put in your dividend portfolio, Home Depot (HD 1.23%) and Coca-Cola (KO 0.35%) both deserve a closer look. These giants dominate their respective industries and generate ample cash flow. Their management teams prioritize returning that cash to shareholders through a steadily rising dividend payment that's well covered by earnings.Their businesses have different characteristics that might make one a better fit than the other for your portfo ...
Forget Home Depot, Buy This Dividend Stock for Passive Income Instead
The Motley Fool· 2024-01-27 12:05
Home Depot (HD 1.23%) stock is a favorite for many income investors. That's all thanks to qualities like its market leadership position in the home improvement industry and the company's impressive financial strength. Owning this retailer stock today delivers a good chance at capital appreciation as its market recovers, plus immediate passive income in the form of a robust dividend payment.Yet you might consider a fellow member of the Dow Jones Industrial Average as an even better dividend stock to buy for ...
The Home Depot, Inc. (HD) is Attracting Investor Attention: Here is What You Should Know
Zacks Investment Research· 2024-01-25 15:06
Home Depot (HD) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this home-improvement retailer have returned -0.4%, compared to the Zacks S&P 500 composite's +2.5% change. During this period, the Zacks Building Products - Retail industry, which Home Depot falls in, has lost 1.2%. The key question now is: What could be the stock's futu ...
The Home Depot Kicks Off 15th Year of Campus Enhancements for Historically Black Colleges and Universities, Will Surpass $10 Million in Financial Support
Prnewswire· 2024-01-23 13:00
ATLANTA, Jan. 23, 2024 /PRNewswire/ -- The Home Depot is kicking off its 2024 Retool Your School program, which provides career development opportunities and improves campuses at Historically Black Colleges and Universities (HBCUs). The 2024 program marks the 15th year that The Home Depot has supported campus renovations that uplift HBCU students across the nation. This year, The Home Depot is expected to surpass $10 million in financial support since the program began in 2009. A portion of The Home Depot' ...
Home Depot Is A Great Portfolio Diversifier, Despite Low Alpha
Seeking Alpha· 2024-01-23 08:58
Justin Sullivan Home Depot (NYSE:HD) is a portfolio staple, and while it should not be considered to be a large contributor to alpha, it remains a key tool to diversify and mitigate risk. I am confident it is one of the best stocks to own for this reason and provides protection from potential volatility in the technology sector, where I invest most heavily. Last Year & 2024 Outlook In Q3 of fiscal 2023, the company reported a 3.0% YoY decrease in sales, a total of $37.7 billion. There was also a decreas ...
Home Depot and Lowe's downgraded on ‘cautious' stance toward home improvement
Market Watch· 2024-01-22 13:48
Home Depot Inc. and Lowe’s Cos. stocks dipped in premarket trading on Monday after Oppenheimer downgraded the two construction-material and hardware giants to perform from outperform and cut their target prices.Upcoming initial 2024 guidance from Home Depot and Lowe’s “could prove unfavorable catalysts for shares.”Home Depot is due to release its fourth-quarter results on Feb. 20, followed by Lowe’s on Feb. 28. Home Depot’s stock HD, +1.26% fell 0.9%, while Lowe’s LOW, +0.82% retreated by about 0.7%. Oppen ...
Home Depot Is A Hold Due To Its Valuation
Seeking Alpha· 2024-01-22 07:52
Justin Sullivan Introduction The current economic climate presents a unique landscape in the consumer discretionary sector. Amidst increased business uncertainty, investors often prefer less volatile and cyclical investments, leading to a general fear of consumer discretionary stocks. However, this is precisely when high-quality companies in this sector can stand out. Possible market sell-offs, driven by fears of an economic downturn, can sometimes make the stocks of fundamentally strong companies more attr ...
Home Depot (HD) Outperforms Broader Market: What You Need to Know
Zacks Investment Research· 2024-01-19 23:51
Home Depot (HD) closed at $362.41 in the latest trading session, marking a +1.26% move from the prior day. This change outpaced the S&P 500's 1.23% gain on the day. Elsewhere, the Dow saw an upswing of 1.06%, while the tech-heavy Nasdaq appreciated by 1.7%.Prior to today's trading, shares of the home-improvement retailer had gained 2.56% over the past month. This has outpaced the Retail-Wholesale sector's loss of 0.02% and the S&P 500's gain of 0.94% in that time.Market participants will be closely followin ...
Better Dividend Stock Buy: Home Depot vs. Procter & Gamble
The Motley Fool· 2024-01-17 11:26
Investors avoided both Home Depot (HD 0.77%) and Procter & Gamble (PG -0.54%) stocks this past year as Wall Street turned its attention back toward high-growth tech businesses. That shift represents a great opportunity for income investors. The underperformance means these stocks are available at a relative discount, and their dividend yields are higher than you might find elsewhere in the Dow Jones Industrial Average.But which one would be the better fit for your portfolio right now? Let's dive right in.Sa ...
Home Depot (HD) Increases Despite Market Slip: Here's What You Need to Know
Zacks Investment Research· 2024-01-17 00:34
The latest trading session saw Home Depot (HD) ending at $358.43, denoting a +0.76% adjustment from its last day's close. The stock's change was more than the S&P 500's daily loss of 0.37%. Meanwhile, the Dow experienced a drop of 0.62%, and the technology-dominated Nasdaq saw a decrease of 0.19%.Coming into today, shares of the home-improvement retailer had gained 1.4% in the past month. In that same time, the Retail-Wholesale sector gained 1.56%, while the S&P 500 gained 1.56%.Investors will be eagerly wa ...