HD's strategic efforts, including the 'One Home Depot' investment plan, appear encouraging.
Home Depot Inc HD has an edge over Lowe's Companies Inc LOW ahead of fourth-quarter earnings, according to JPMorgan's Christopher Horvers.
Explore the exciting world of Home Depot (HD -1.99%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!
In the closing of the recent trading day, Home Depot (HD) stood at $410.10, denoting a -1.99% change from the preceding trading day.
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.
Dividend stocks are an important part of a diversified portfolio. They provide passive income under almost any conditions, which strengthens your portfolio and protects your money in changing economies.
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.