The Home Depot, Inc. (HD) stock has been underlining quite an attention in the market, due to a variety of reasons. Its stock has risen 2.7% since the last earnings report, indicating a positive trend. But the stock took a hit when it saw a decrease of US$14b in market cap. Despite this, long-term investors have still made gains. As per the company’s SWOT analysis, the stock is looming at growth opportunities even amid prevailing market challenges. In a noteworthy update, Home Depot has been welcomed by FIFA as the official home improvement retailer for the 2026 World Cup in North America. The company’s returns on capital and dividend payouts are also noteworthy. Despite experiencing a minor dip in the market, the home improvement giant's stocks soared again. Home Depot is showing signs of resilience and growth, causing many analysts to ponder whether it's time to pick up the stock. The company has also raised its full-year outlook after a strong hurricane season, signalling good growth prospects. A significant revelation about the company—Home Depot stock has gained 19% in the last 6 months, raising questions if it’s the right time to buy or hold it.
Home Depot HD News Analytics from Tue, 14 May 2024 07:00:00 GMT to Sat, 14 Dec 2024 22:01:10 GMT - Rating 6 - Innovation 2 - Information 7 - Rumor 4
