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' ...

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 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 ...

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) 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 ...

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 ...

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 ...

We see daily analyst upgrades and downgrades, coming with updated price targets. They can be helpful tools for investors, providing a more structured plan and helping to inject positivity surrounding future performance when raised.Of course, stocks don’t straightforwardly reach price targets, as unforeseen circumstances can always influence performance. Overall, the positive shift in sentiment can be seen as a primary takeaway from these upgrades.  Recently, three stocks – Target (TGT) , Home Depot (HD) , a ...

The market's recent rally has made it much harder to find attractive stock deals if you're a growth-focused investor. The Nasdaq Composite index, home to many growth stocks, has surged by 15% since late October. Percentage gains have been much higher for some individual stocks such as Nvidia.So if you're seeking undervalued options, broadening your investment search beyond the most popular tech stocks can help. Consider the case of Home Depot (HD -0.23%), for example, whose shares are down by more than 10% ...

In the last five years, shares of Home Depot (HD -0.23%) have climbed by 96% (as of Jan. 10), nearly doubling investor capital. This gain beat the 84% rise of the S&P 500 during the same period, proving that even some of the largest and most widely followed businesses can make for solid investment opportunities.This performance might prompt some investors to rush and add Home Depot to their portfolios without hesitation. But before you buy this top retail stock in 2024, here are four things you need to know ...