3 Reasons to Buy Home Depot Stock and 1 Reason to Sell

Home Depot managed to easily beat analysts' expectations of revenue and diluted earnings per share(EPS) in the third quarter ended Oct. 31. The retailer reported $36.82 billion in sales during the quarter, representing a 9.8% increase compared to the year-ago period. This exceeded the average analyst forecast of … See more

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3 Reasons To Buy Home Depot Stock And 1 Reason To Sell

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3 Reasons To Sell HD And 1 Stock To Buy Instead - Yahoo Finance

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Nov 26, 2024 · 3 Reasons to Sell HD and 1 Stock to Buy Instead. Home Depot’s 30.4% return over the past six months has outpaced the S&P 500 by 17.4%, and its stock price has climbed …

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3 Reasons To Sell HD And 1 Stock To Buy Instead

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Nov 26, 2024 · That means Home Depot paid its suppliers a lot of money ($66.54 for every $100 in revenue) to run its business. Final Judgment. Home Depot isn’t a terrible business, but it …

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A Bull Market Is Here. 3 Reasons To Buy Home Depot Stock Like …

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Feb 5, 2024 · Home Depot (HD 1.97%) isn't firing on all cylinders right now. In fact, the business is on track to post a second consecutive year of declining customer traffic for fiscal 2023. …

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The Bull Market Keeps Growing. 3 Reasons To Buy Home Depot …

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Oct 26, 2024 · 3. Its competitive advantage is strong. Home Depot's sales have fallen recently with comparable sales down 3.3% in its fiscal second quarter (ended July 28). The company is …

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The Bull Market Keeps Growing. 3 Reasons To Buy Home Depot …

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Oct 26, 2024 · Home Depot's sales have fallen recently with comparable sales down 3.3% in its fiscal second quarter (ended July 28). The company is calling for a comparable sales decline …

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Should You Invest $1,000 In Home Depot Stock Right Now And

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Jan 25, 2025 · This explains the 3.2% same-store sales decline Home Depot posted in fiscal 2023, with executives expecting a 2.5% drop for fiscal 2024. This can certainly cause investors …

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3 Reasons To Buy And Hold Home Depot Stock - Yahoo Finance

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Sep 7, 2018 · Home Depot (NYSE:HD) is the largest home-improvement retailer in the U.S., with a market cap of $236 billion. If the consumer sector is strong, they’re upgrading their …

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2 Reasons To Buy Home Depot Stock, And 1 Reason To Sell

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Dec 27, 2022 · Reason to buy: Dividends. Still, the area where Home Depot typically shines is dividends. Its current annual dividend of $7.60 per share yields about 2.4%, well above the …

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If You'd Invested $1,000 In Home Depot Stock 44 Years

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4 days ago · Find out how a $1,000 investment in Home Depot's IPO in 1981 could have grown into a fortune. Learn about HD's growth, stock splits, and the pros and cons of a long-term …

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3 Reasons Home Depot Can Be A Market-Beating Stock In 2023

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Jan 25, 2023 · 3. The company pays a great dividend. Home Depot pays a dividend that yields 2.4%, which is better than the S&P 500 average of 1.7%. On a $25,000 investment, that …

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Home Depot: Buy, Sell, Or Hold? - Yahoo Finance

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Aug 3, 2024 · The home improvement retailer went public early in its history, in 1981, and has soared since then, turning $1,000 into more than $1 million. However, more recently, Home …

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FAQs about 3 Reasons to Buy Home Depot Stock and 1 Reason to Sell Coupon?

Should you sell Home Depot stock?

Another reason to sell Home Depot stock is its valuation, which is not cheap. The stock currently trades at a price-to-earnings (P/E) ratio of 24, which looks expensive for a company that just reported declining revenue in its latest quarter. ...

Should you buy Home Depot shares now?

To this end, here are four specific reasons to buy Home Depot shares now. 1. Home Depot is built to last -- and thrive It may be down right now, but it's hardly out. Home Depot stock will bounce back just like it always has because the underlying company is poised to bounce back as well. ...

Why is Home Depot a good stock?

Another key reason for the positive rating is Home Depot’s continued focus on adopting technology to improve inventory productivity and in-stock availability. The company is leveraging innovations such as AI and computer vision to enhance store operations, which is viewed as a long-term benefit. ...

Should you buy Home Depot (HD)?

Consider stepping into a stake in retail giant Home Depot (NYSE: HD). Shares of the home improvement chain haven't been impressive of late, peeling back from March's peak before getting the chance to test 2021's all-time high. There's a reason the stock is staying within striking distance of either price point, though. ...

Is Home Depot a good stock to buy in fiscal 2024?

The company is calling for a comparable sales decline of 3% to 4% for the full year. Despite the top-line weakness, Home Depot's margins remain strong. The company is on track to post an operating margin of 13.5% to 13.6% in fiscal 2024. While that's down from recent highs, Home Depot is well-positioned to expand its profitability in a recovery. ...

Is it a good time to buy Home Depot stock?

At 19 times earnings, the stock's valuation is in line with the S&P 500 average, making it as good a time as any to buy shares of Home Depot. David Jagielski has no position in any of the stocks mentioned. ...