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Home Depot (HD) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-07-18 22:50
Home Depot (HD) ended the recent trading session at $366.08, demonstrating a -1.56% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.78% for the day. Meanwhile, the Dow lost 1.29%, and the Nasdaq, a tech-heavy index, lost 0.7%.Heading into today, shares of the home-improvement retailer had gained 5.09% over the past month, outpacing the Retail-Wholesale sector's gain of 1.58% and the S&P 500's gain of 2.14% in that time.The upcoming earnings rel ...
Home Depot (HD) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-07-12 22:51
Home Depot (HD) closed at $359.77 in the latest trading session, marking a +1.69% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.55%. Elsewhere, the Dow gained 0.62%, while the tech-heavy Nasdaq added 0.63%.Prior to today's trading, shares of the home-improvement retailer had gained 1.7% over the past month. This has outpaced the Retail-Wholesale sector's gain of 1.33% and lagged the S&P 500's gain of 4.28% in that time.The investment community will be paying ...
Hot Summer Picks: Best Dividend Stocks to Invest In Right Now
MarketBeat· 2024-07-10 11:06
As the temperature rises and thoughts turn to summer vacations, investors also look for ways to keep their portfolios generating warmth. One effective strategy for achieving this goal is investing in dividend stocks, a reliable source of passive income that can provide both current returns and the potential for long-term capital appreciation. Get Home Depot alerts:The Allure of Dividend Stocks Dividend stocks offer a distinct advantage over traditional growth stocks by providing shareholders with a regular ...
Former Home Depot CEO clears the smoke from Biden's 'deceptively correct' jobs report
Fox Business· 2024-07-08 10:22
Economic experts are sounding the alarm on the Biden administration's "deceptively correct" June jobs report, warning Americans that the labor market is not as "bright or rosy" as Democrats want voters to think. "I call that number, Cheryl, deceptively correct. As you pointed out, every month it gets adjusted. So the 206,000 jobs, again, Steve [Moore] is right. The second-largest employer last year was the government. And they're back on the same track again this year. There is no GDP generated by governmen ...
4 Reasons to Buy Home Depot Stock Like There's No Tomorrow
The Motley Fool· 2024-07-01 14:07
The market is seemingly looking for reasons not to own this stock -- but doesn't appear to be finding any.Got some idle cash you're looking to put to work, but don't know where to put it? Consider stepping into a stake in retail giant Home Depot (HD -0.60%). Shares of the home improvement chain haven't been impressive of late, peeling back from March's peak before getting the chance to test 2021's all-time high.There's a reason the stock is staying within striking distance of either price point, though. Tha ...
Home Depot (HD) Rises Higher Than Market: Key Facts
ZACKS· 2024-06-26 22:50
In the latest trading session, Home Depot (HD) closed at $342.20, marking a +1.15% move from the previous day. The stock's change was more than the S&P 500's daily gain of 0.16%. Elsewhere, the Dow saw an upswing of 0.04%, while the tech-heavy Nasdaq appreciated by 0.49%.Shares of the home-improvement retailer witnessed a gain of 2.93% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 2.04% and underperforming the S&P 500's gain of 3.22%.Investors will be eager ...
The Home Depot Foundation invests $9 million to provide housing for more than 3,400 veterans battling homelessness
Prnewswire· 2024-06-24 12:00
Grants will fund the construction of more than 300 new units of housing ATLANTA, June 24, 2024 /PRNewswire/ -- The Home Depot Foundation is investing $9 million to provide housing solutions for over 3,400 veterans battling homelessness. This funding will support the construction of more than 300 new housing units and the repair of nearly 200 additional units, bringing much-needed stability and comfort to veterans across the nation. Over the past decade, the number of homeless veterans has decreased by 55%, ...
3 Home Improvement Stocks to Snag Before They Rebuild and Rocket
Investor Place· 2024-06-20 18:42
The home improvement industry has faced some pretty rough headwinds over the past year. With inflation and high rates taking a toll on consumer budgets, it’s not hard to imagine many big-ticket discretionary purchases are being pushed out into the future, perhaps once rates are far lower. After all, home improvement projects and a new coat of paint on the house aren’t urgent, especially when grocery bills are going through the roof.As inflation and rates settle, perhaps more homeowners will be able to commi ...
HD Vs LOW: Which Home Improvement Player Edges Over the Other?
ZACKS· 2024-06-20 16:25
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 ...
The Home Depot: A Dividend Growth Darling
Seeking Alpha· 2024-06-19 21:54
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 ...