Home Depot (HD) closed the most recent trading day at $395.57, moving +0.76% from the previous trading session.
Who wins the battle between these two home improvement giants?
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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.
The housing market is primed for a recovery.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
HD stock witnesses consistent growth, reaching the 52-week high mark last week. The momentum is backed by its leadership position and ongoing investments.
The Home Depot, Inc.'s long-term earnings growth track record has been strong as the company has expanded its retail network. The recent weakness in the housing industry, and in the consumer sentiment, have driven an earnings hiccup in recent quarters. The macro-driven issues should slowly start to subside. While Home Depot's growth outlook stands quite good, the valuation is too expensive at the current stock level.
These incredibly strong companies have paid dividends for decades and will continue to do so.
Home Depot will be requiring their corporate employees – including the executives and senior management – to work one 8-hour retail shift in a store per financial quarter, according to reports.
These companies are rewarding their shareholders with dividends and capital gains.