Home Depot (HD -1.73%) is arguably one of the world's best brick-and-mortar retailers.
While the near-term outlook suggests continued operating challenges for HD in fiscal 2025, its One Home Depot strategy and execution indicate long-term growth potential.
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HD's strategic efforts, including the 'One Home Depot' investment plan, appear encouraging. It introduces Magic Apron, which is a proprietary suite of generative AI tools.
To build a company that stands out, marketing experts all say one thing: "Branding is everything." Although creating an iconic brand is easier said than done, once achieved, it can have remarkable benefits for a business.
Home Depot has rolled out an online concierge, powered by generative artificial intelligence, to help answer customers' questions about millions of products and even how to get projects done.
Home Depot has reportedly begun using generative AI to bolster its online shopping services.
Recently, Zacks.com users have been paying close attention to Home Depot (HD). This makes it worthwhile to examine what the stock has in store.
Home Depot Inc (NYSE: HD) is “on this path to get a little bit stronger in 2025”, says Simeon Gutman – a Morgan Stanley analyst. The home improvement retailer has inched up in recent sessions even though its full-year outlook failed to match expectations on February 25th.
A Wells Fargo analyst recently nudged the company's price target on Home Depot (HD 1.62%) stock lower, from $450 to $445, and maintained an overweight rating on the stock. The new target represents a 13% premium to where the stock is trading as I write this and is a sign that the worst might be over for the housing-improvement market.
Home Depot (HD 1.62%) is one of the best-performing stocks of all time. Since the company's initial public offering (IPO) in 1981, its stock has grown from a small home improvement chain to one of the most valuable retailers in the world, pioneering a new retail model -- a big-box home improvement store.
Home Depot (HD 1.62%) has been an amazing stock for investors who have bought and held for the long term. Although it's not a growth stock, it has outperformed the market, and by a wide margin.