Two players, HD and LOW, dominate the home improvement industry on size, revenue growth and market presence. Let us see to which side investors would incline while choosing between these arch rivals.
The Home Depot has been a compounding darling with solid dividend growth and share price appreciation over the years. HD shares have recently underperformed the S&P 500, possibly due to weakening consumer spending. With consumers being more cautious with spending, home improvement projects may be taking a backseat, impacting HD's performance.
Home Depot (HD) completes the acquisition of SRS Distribution for $18.25 billion. This acquisition expands its total addressable market to $1 trillion and expands offerings for its Pro customers.
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Home Depot has an astonishing record as one of the highest-returning stocks in market history. However, with revenue now shrinking, it lacks an obvious path to future long-term growth.
Shares of Home Depot have been flat in 2024. The home improvement retailer pays a friendly dividend yield of 2.6%.
Home Depot's (HD) efforts to enhance customer experience through investments in supply-chain facilities and digital avenues should keep it poised amid soft demand trends across the industry.
Home Depot (HD) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Home Depot (HD) reported earnings 30 days ago. What's next for the stock?
Despite the current sales slowdown, growth should remain healthy over the long run. Meanwhile, Home Depot returns tens of billions of dollars to investors every year.
These two companies are leaders in their fields and have demonstrated an ability to withstand competitive forces.
As the final month in the second quarter gets underway, it's a good time to reassess one's investment portfolio to see where tweaks are needed.