Latest Articles
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Why Homebuilder Stocks Are Soaring This Year
Our theme of Housing Stocks, which includes the stocks of home builders, building products companies, and home improvement players, has fared well thus far in 2023, rising by a solid 50% year-to-date. This compares to the S&P 500 which remai...
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Can Home Depot Stock Return To Pre-Inflation Shock Highs?
Home Depot stock (NYSE: HD), the world’s largest home improvement retailer, currently trades at $318 per share, around 24% below its level of $416 seen on December 7, 2021 (pre-inflation shock high), and has the potential for sizable gains. HD...
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Why Are Housing Stocks Outperforming?
Our theme of Housing Stocks, which includes the stocks of home builders, building products companies, and home improvement players, has fared well thus far in 2023, rising by about 38% year-to-date. This compares to the S&P 500 which remains...
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Why Has Home Depot’s Stock Fallen 10% Since The Beginning Of The Year?
Note: Home Depot FY’22 ended on January 29, 2023. After a 10% decline year-to-date (YTD), at the current price of around $285 per share, we believe Home Depot stock (NYSE: HD), the world’s largest home improvement retailer, could rise m...
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Down 6% In A Week, Will Home Depot Stock Rebound?
Note: Home Depot FY’21 ended on January 30, 2022. Home Depot stock (NYSE: HD), the world’s largest home improvement retailer, has declined by about 6% over the last five trading days (one week) and currently stands at around $311. It s...
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Housing Stocks Are Pricing In A Big Downturn
Our theme of Housing Stocks, which includes the stocks of home builders, building products companies, and home improvement players, has declined by about 42% year-to-date in 2022, considerably underperforming the S&P 500, which remains down ...
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Home Depot Stock Poised For Gains?
[Note: Home Depot fiscal year ends January] After a 25% decline year-to-date, at the current price of around $308 per share, we believe Home Depot stock (NYSE: HD), the world’s largest home improvement retailer, could see a rebound. HD stock h...
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What to Expect From Home Depot’s Stock Post Q4 Results?
Home Depot (NYSE: HD) is scheduled to report its fiscal fourth.-quarter results on Tuesday, February 22. We expect the company’s stock to likely trade higher due to its revenues and earnings beating the market expectations. The company has ...
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Should You Buy Home Depot Stock At $409?
[Updated: 11/23/21] Home Depot Stock Update Home Depot (NYSE: HD) recently reported its Q3 report, wherein revenues were inline and earnings were above our estimates. The company reported revenues of $36.8 billion, 6% above the consensus estim...
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Company Of The Day: Home Depot
What? Home Depot (NYSE:HD) posted a stronger than expected set of Q3 2021 earnings, with net revenue rising 9.8% year-over-year to $36.8 billion, and EPS coming in at $3.92. Why? Spending on home improvement projects continues to rise, with c...
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What To Expect From Home Depot’s Stock Post Q3?
Home Depot (NYSE: HD) is scheduled to report its fiscal third-quarter results on Tuesday, November 16. We expect the company’s stock to likely trade lower due to its revenues and earnings falling short of market expectations. In the upcomin...
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This Stock Is Likely To Outperform Lowe’s Stock
Despite a higher valuation, we think that Home Depot stock (NYSE: HD) currently is a better pick compared to Lowe’s stock (NYSE: LOW), given its better revenue and margins growth. Home Depot trades at about 2.5x trailing revenues, compare...
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Should You Buy Home Depot Stock Post Q2 Beat?
[Updated: 08/31/21] Home Depot Stock Update Home Depot (NYSE: HD) recently reported its Q2 report, wherein revenues were inline and earnings were above our estimates. The company reported revenues of $41.1 billion, 2% above the consensus estim...
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Company Of The Day: Home Depot
What? Home Depot (NYSE:HD) posted a stronger than expected set of Q2 2021 earnings with EPS standing at $4.53 up from $4.02 last year. However, same-store sales growth was underwhelming, rising by about 4.5% year-over-year, compared to a Stre...
