In the closing of the recent trading day, Home Depot (HD) stood at $408.95, denoting a +0.92% change from the preceding trading day.
Laura Champine, Loop Capital director of research, joins CNBC's 'The Exchange' to discuss the impact of Hurricane Helene on home improvement stocks like Home Depot and Lowe's, how the port strikes could back up product delivery, and more.
@LikeFolio 's Landon Swan says Home Depot's (HD) march to an all-time high "demonstrates the stickiness of product" and the industry as a whole. He explains that Home Depot hit the nail on the head for its forecast, but says one misstep in its next earnings can crumble that foundation.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
In the most recent trading session, Home Depot (HD) closed at $396.93, indicating a -0.93% shift from the previous trading day.
On September 27, 2024, investors will get the latest reading on inflation from the Personal Consumption Expenditures (PCE) index. In August, the reading came in at 2.5%.
Home Depot (HD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The trends in existing U.S. home sales tend to be leading indicators for Home Depot's earnings. But there's a lag, so the stock's valuation will look expensive when home sales are starting to improve.
Home improvement retailers are among the first to see a lift from the Fed's rate cut. Share prices for Home Depot and Lowe's are up, and spending on projects is expected to follow.
Home Depot Inc. HD has agreed to a nearly $2 million settlement to address allegations from California prosecutors that the company overcharged customers at checkout due to price discrepancies.
In the closing of the recent trading day, Home Depot (HD) stood at $384.01, denoting a +0.2% change from the preceding trading day.
Home Depot has a dividend yield of 2.4% The company has paid a quarterly dividend since 1987 and raised it for 15 consecutive years. The home improvement retailer has a payout ratio of 58.4%.