The Home Depot (HD) has been highlighted as a top pick for retirement portfolios, attracting significant investor attention. With a recent
revenue beat, financial experts like Jim Cramer emphasize that it's a 'great company'. Despite occasional trading losses,
quarterly dividends have increased by 2.2%, demonstrating consistent growth. Several financial advisories and banks have increased their investment in HD, but there were also institutions that reduced their stock holdings. HD's value reportedly sinks amid general market gains, and its stock price has been variable. The company's
fourth quarter and fiscal 2024 results have been announced, and it provided
fiscal 2025 guidance. Several new positions in HD's stock were bought indicating investor's confidence. On the other hand, some continued to sell their HD stocks. There's also speculation about Magic Apron, HD's new AI tool. HD's stocks have slightly decreased since last earnings report but analysts remain optimistic.
Dividend sales continue to frustrate some investors. Nevertheless, reports indicate that investing in HD five years ago would yield an 88% gain today.
Home Depot HD News Analytics from Fri, 10 Jan 2025 08:00:00 GMT to Sat, 29 Mar 2025 23:46:01 GMT -
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