179.85 -0.05 (-0.03%)
After hours: 7:08PM EST
|Bid||0.00 x 800|
|Ask||181.97 x 1300|
|Day's Range||179.15 - 182.90|
|52 Week Range||165.35 - 215.43|
|Beta (3Y Monthly)||1.51|
|PE Ratio (TTM)||21.21|
|Forward Dividend & Yield||4.12 (2.22%)|
|1y Target Est||208.48|
Brandon Fletcher of Bernstein says there's a possibility of an overall "disconnect" between house prices and home improvement spending.
The United has ridden the wave of its record-setting fan support to debut atop Forbes magazines's list of most valuable Major League Soccer clubs.
Who has a mitigation plan and who is twiddling their thumbs or hoping the tariff issue will go away. Until about a month ago, many companies' managements were believing that something had to give with China, that the Chinese would blink and come to the table with concessions, or that they would at least talk seriously about making changes to the way they do business. Remember his people, his own people, are split between wanting to contain China politically and economically -- that's Vice President Pence and Peter Navarro -- and to wanting to make a deal, that's Chief Economic Adviser Larry Kudlow and Treasury Secretary Steve Mnuchin.
Sure the market fell hard and rallied today, but word has it, we are in a bear market. The truth is many stocks have labored in sectoral bear markets for ages. Before I go into why the bear market appellation is worthless and gets us nowhere, let me tell you a story about bears.
CNBC's Jim Cramer uses a story about a real-life bear encounter to illustrate how investors should approach the stock market's bearish moves. In his decades of investing, CNBC's Jim Cramer hasn't just seen bear markets like the one that dragged stocks lower on Wednesday — he's also encountered a real bear. Instead of running, Cramer stood his ground and used what he had.
With more stores closing, data shows that nearly two-thirds of Sears customers are considering a switch to Home Depot.
During the third quarter of fiscal 2018, Home Depot (HD) posted SSSG (same-store sales growth) of 4.8%, outperforming analysts’ consensus expectation of 4.7%. The company’s SSSG was driven by growth in both transaction size and average ticket size. During the quarter, the average ticket increased by 3.6%, while the average transaction size increased by 1.4%.
Home Depot’s revenue growth was driven by the net addition of new stores, positive SSSG (same-store sales growth) of 4.8%, and its adoption of a new revenue recognition standard. Home Depot posted positive SSSG in all of its regions except the Gulf region, which was negatively impacted by a comparison to hurricane-related sales in the corresponding quarter of the previous year.
stock is slipping on Wednesday but investors shouldn't worry. The stock was down by nearly 5% to $34.02 as of 1:30 p.m. ET, a strange move given a strong earnings release and raised guidance into the holiday season prescribed by CEO Jeff Gennette. "Good luck finding something wrong with the earnings release," Jan Kniffen, president of retail investment consultancy J Rogers Kniffen Worldwide Enterprises told Real Money .
Sears, which has filed for bankruptcy, continues to shutter stores, leaving market share up for grabs. Home Depot Inc. appears poised to snap up those customers. Sears has announced additional store closures for both the Sears and Kmart brands.
Do-it-yourself home improvement retailer Home Depot Inc (NYSE: HD) reported third-quarter results Tuesday morning its which came in better than expected while management lifted its full year sales and profit forecast. Argus Research Company's Chris Graja maintains a Buy rating on Home Depot's stock with an unchanged $220 price target. UBS' Michael Lasser maintains at Buy, price target lowered from $225 to $220.
Quietly, Walmart (NYSE:WMT) and other big-box retail stores are having a resurgence, boosting their stocks. In fact, Walmart stock has weathered the markets’ recent downturn quite well, as WMT has actually risen about 7% since Oct. 1. On the other side of the equation, Amazon is starting to show some cracks.
Black Friday is right around the corner, and the deals are announced earlier every year, as your crankiest relatives will surely let you know during Thanksgiving dinner. Everything from gaming laptops to televisions to home appliances is on sale on Black Friday, and if you know what gifts you want to get a loved one it's good to know in advance if there's a chance you can get it on discount. is starting their Black Friday deals on Thanksgiving at 6 p.m. Their online sale starts the night before, Wednesday Nov. 21 at 10 p.m. EST.
The S&P 500 closed at 2722.18 yesterday, down 0.15%, led lower by Amarin Corporation (NASDAQ:AMRN) and Apple (NASDAQ:AAPL). Rather, it’s stock charts of HollyFrontier (NYSE:HFC), PPL (NYSE:PPL) and Home Depot (NYSE:HD) that hold the most promise, as they’ve all formed some familiar setups. It has probably got more to do with the brewing weakness with the whole energy sector than with HollyFrontier in particular.
Futures were higher this morning amid volatility in the oil market and as investors looked ahead to inflation data. The Dow saw its third straight negative session on Tuesday, while the S&P 500 saw its fourth straight negative session. Oil struggled to find footing this morning after plunging 7 percent the previous session, with surging supply and the specter of faltering demand scaring off investors.
NEW YORK, NY / ACCESSWIRE / November 14, 2018 / Home Depot and Halliburton were both losers in Tuesday’s trading session. Halliburton also lost a CFO this week but appointed a new one. The Home Depot, Inc. shares were little changed on Tuesday on trading volume roughly three times higher than usual at about 14.2 million shares traded.
has become the second big US retailer this week to lift its sales and profit outlook for the year in the latest sign the robust economy is giving a much-needed boost to the hard-pressed sector. The department store chain, which operates Bloomingdale’s as well as its namesake stores, produced a 3.3 per cent rise in quarterly like-for-like sales in the third quarter. The latest set of upbeat results in the retail sector ahead of the crucial festive shopping season will give some reassurance to investors that strong consumer spending is helping even out-of-favour department stores combat the pressures from ecommerce rivals.
The housing market is slowing, but that might not set back Home Depot. Home Depot shares slipped and are now down about 8% this year versus the S&P 500’s gain of 2%. Investors’ concerns are understandable.
Home Depot Inc. reported third-quarter earnings that rose sharply from a year earlier and again raised its full-year guidance as the retailer benefited from strong demand in the home-improvement business. Home Depot’s profit rose 32% to $2.87 billion, or $2.51 a share.
Williams pinpoints two trades he sees as tried and true ahead of the holidays. When the stock market is this volatile, CNBC's Jim Cramer likes to use technical analysis to get a better read on the investment landscape. For more on that, he turned to Larry Williams, a legendary technician with over 50 years of experience trading futures, commodities and stocks.