Home Depot is a market leader in home improvement with strong financial growth and capital allocation strategies, making it a good long-term investment, but short-to-medium term, I am bearish on the stock. Stagnating income growth and weak macroeconomic conditions pose risks to the stock price, but valuation is primed for perfection. I own put options in the stock as part of my broad-based market protection strategy.
This week will bring fresh data on inflation, the housing market, and retail sales after a volatile week for markets amid worries about the health of the economy. A handful of Federal Reserve speakers will also give remarks during the week, potentially offering more insights.
This stock has crushed the broader S&P 500 since its IPO in 1981. A much larger store base has helped generate significantly greater revenue and earnings.
Home Depot's expansion strategy won't center on aggressive store openings. Industry dynamics favor long-term revenue and earnings growth.
Markets will get more results from large retailers next week with Home Depot (HD) set to release its Q2 report on Tuesday, August 13.
Home Depot (HD) reports earnings Tuesday morning, with analysts projecting slight declines in revenue and profits amid a pullback in discretionary consumer spending.
The Home Depot, Inc. HD is set to release earnings results for its second quarter, before the opening bell on Tuesday, Aug. 13.
Home Depot's (HD) Q2 results are expected to reflect the impacts of soft demand, challenges in the home improvement industry and elevated lumber prices. Its growth initiatives appear promising.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Home Depot (HD), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended July 2024.
Home Depot (HD) concluded the recent trading session at $353.91, signifying a +1.11% move from its prior day's close.
Home Depot (HD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Realty Income has paid a monthly dividend for over 55 years. Home Depot is a solid retail business with lots of growth opportunities that can fuel growing dividends to shareholders.