In the most recent trading session, Home Depot (HD) closed at $409.33, indicating a +0.8% shift from the previous trading day.
Why Home Depot Stock Was Moving Higher Today
There are few companies out there that have done as well for investors as Home Depot (HD -0.18%). Since its initial public offering in 1981, the home improvement chain has generated a total return of 3,297,000%.
Home Depot's growth plans like "One Home Depot" drive long-term potential. However, high interest rates and soft big-ticket demand pose near-term challenges.
Wall Street was enamored with tech stocks in 2024, choosing to leave many dividend stocks behind as a result. The dividend-heavy Dow Jones Industrial Average (^DJI -1.63%) underperformed the tech-focused Nasdaq Composite (^IXIC -1.63%) by more than 15 percentage points.
The S&P 500 gained 24.2% and 23.3% in 2023 and 2024, respectively. Naturally, this has made many stock investors happy and wealthier.
The latest trading day saw Home Depot (HD) settling at $387.20, representing a +0.77% change from its previous close.
HD and LOW have competed neck-to-neck for over a decade. Let us find out which of these industry giants will capture the favor of investors in 2025.
Zacks.com users have recently been watching Home Depot (HD) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
It's challenging to find dividend-paying stocks with attractive growth prospects. That's because a company should have enough free cash flow (FCF) to support business opportunities and pay dividends.
Mizuho is expecting management teams to start highlighting rising revenue in the coming weeks as weather normalizes.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.