Home Depot: This Dog Hunts (Technical Analysis)

08:30am, Wednesday, 22'nd May 2024
Home Depot recorded better-than-expected EPS figures but fell short on revenues in Q1. In this high-interest rate environment, many people might not want to invest in kitchens and bathrooms, so the co
Evident in home improvement retailer Lowe's (LOW) latest earnings, US home prices are becoming a growing deterrent to consumers wishing to invest in major renovation or remodeling projects. Will do-it

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02:17pm, Tuesday, 21'st May 2024
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In trading on Tuesday, shares of Home Depot crossed below their 200 day moving average of $335.37, changing hands as low as $332.32 per share. Home Depot Inc shares are currently trading off about 0.9
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Scott Mushkin, Founder and CEO of R5 Capital, discusses earnings from Lowe's following Home Depot's weak report.
Analysts expect a 5.4% drop in revenue for Lowes' first fiscal quarter, underscoring the impact of the housing market's stagnation.
With hurricane season about to start, key stocks in the home-improvement and consumer-staples industries could present opportunities, according to investing-information website Trading.biz.
Former Chrysler and Home Depot CEO Bob Nardelli sounded off on inflationary pressures affecting Americans and policy decisions that have contributed to the hardship.
This year, the stock market could show investors a new divide, unlike anything that portfolios have dealt with in the past economic cycle. After contracting for over 15 months, the U.S. manufacturing
S&P 500 component Lowe's (LOW) reports first-quarter earnings and revenue early Tuesday as analysts expect another same-store sales decrease following results from rival Home Depot (HD) last week. LOW
Companies like PepsiCo have warned about a weak low-income consumer, while Delta Air Lines and Chipotle have benefited from their high-income customer bases.

Where Will Home Depot Stock Be in 1 Year?

10:26am, Sunday, 19'th May 2024
There was a delayed start to the spring selling season, but management isn't worried. Home Depot is expecting a second year of modest sales declines in 2024.
Home Depot has seen its same-store sales fall for six straight quarters. Home remodeling activity is expected to remain weak into the second half of this year.
Home Depot's sales trends have been under pressure due to macro uncertainty. The colossal size of the home-improvement industry gives this business plenty of growth runway.
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