Home Depot has been a top stock for dividend growth.If you're looking for a dividend stock to buy, Home Depot (HD 0.47%) is a great place to start. The home improvement retailer is one of the best-performing stocks of all time and continues to deliver strong results, thanks to a compelling set of competitive advantages.The company essentially has a duopoly in its industry with rival Lowe's, so both companies have scale advantages over competitors. Home Depot has also invested in tech and omnichannel resourc ...

The consumer sector includes companies that produce and sell goods and services directly to individuals. It includes industries like retail, food and beverage, apparel, and personal care products. Consumer stocks represent ownership in these companies traded on public exchanges. The sector is often divided into consumer discretionary and consumer staples categories. Consumer stocks can reflect broader economic trends and consumer spending habits.Investing in consumer stocks can offer several potential benef ...

The Foundation increases previous commitment in the wake of Hurricane Milton, bringing total committed this disaster season to $9 millionATLANTA, Oct. 11, 2024 /PRNewswire/ -- The Home Depot Foundation is committing up to $3 million to support immediate disaster relief in communities impacted by Hurricane Helene and Hurricane Milton. This incremental funding on top of the Foundation's annual disaster grants brings the total amount committed to relief efforts this disaster season to more than $9 million.  Th ...

Here's how you can generate dependable streams of cash from your investments. If you would like to build lasting wealth in the stock market, consider investing in businesses with long histories of rewarding their shareholders with rising cash payouts. Companies that grow their dividends consistently can create reliable streams of passive income and significant share price gains, both of which can make you richer over time. If these benefits of dividend investing sound intriguing, read on to learn about two ...

Falling interest rates should be good news for the home improvement retailer.Home Depot (HD -0.78%) has struggled in recent years with a sluggish housing market. Sales and profits are down following a boom during the pandemic, and there's not much management can do to correct that.However, the stock has begun to return toward its previous heights on bets that falling interest rates will drive a rebound in the housing market benefiting the retailer, and one Wall Street analyst just upgraded the stock on that ...

These industry leaders pay above-average yields and have paid dividends every year for decades.Investing in companies that have paid dividends for decades is the best starting point to look for safe passive income. These are companies that have been tested against multiple economic cycles but have continued to deliver returns to shareholders.Here are two dividend stocks that could pay you extra cash for the rest of your life.1. Coca-ColaCoca-Cola (KO -0.50%) is one of the safest stocks to buy if you're look ...

ATLANTA, Sept. 30, 2024 /PRNewswire/ -- The Home Depot Foundation is committing up to $2 million to support immediate disaster relief in communities impacted by Hurricane Helene.The Foundation's nonprofit partners are mobilizing teams and resources to assess damage, deliver relief supplies and begin cleanup and repairs, including:Convoy of Hope and Operation Blessing are establishing bases of operation across the Southeast to distribute food, water, hygiene items, cleaning supplies, meals and more to impact ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Home Depot (HD) .Home Depot currently has an average brokerage recommendation (ABR) of 1.63, on ...

In the latest trading session, Home Depot (HD) closed at $396.93, marking a -0.93% move from the previous day. This change lagged the S&P 500's daily loss of 0.19%. On the other hand, the Dow registered a loss of 0.7%, and the technology-centric Nasdaq increased by 0.04%.Heading into today, shares of the home-improvement retailer had gained 7.36% over the past month, outpacing the Retail-Wholesale sector's gain of 6.04% and the S&P 500's gain of 1.95% in that time.The investment community will be closely mo ...

On September 27, 2024, investors will get the latest reading on inflation from the Personal Consumption Expenditures (PCE) index. In August, the reading came in at 2.5%. This means that year-over-year prices were increasing by 2.5%.  It’s no wonder that many consumers, particularly low- and middle-income consumers, are still feeling the pinch from inflation. But for dividend investors, a 2.5% rate of inflation provides a good opportunity to find inflation-beating investments.  Many companies raise their div ...