Home Depot Stock Edges Higher on Beat-and-Raise

Home Depot Inc (NYSE:HD) stock is the latest Dow component to announce third-quarter results. The home improvement retailer beat top- and bottom-line estimates and also hiked both its same-store annual sales and growth forecasts, citing strong demand on the heels of hurricane season. HD is up 0.2% to trade at $409.39 at last check, and sports a 18.5% lead for 2024. Eyeing their third-straight daily gain today, shares are trading at their highest level in close to a month as they bounce off the 60-day moving ...