HD - The Home Depot, Inc.

NYSE - NYSE Delayed Price. Currency in USD
188.75
-1.22 (-0.64%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close189.97
Open189.31
Bid0.00 x 1100
Ask0.00 x 800
Day's Range188.67 - 192.05
52 Week Range158.09 - 215.43
Volume5,173,899
Avg. Volume4,730,936
Market Cap213.199B
Beta (3Y Monthly)1.22
PE Ratio (TTM)19.40
EPS (TTM)9.73
Earnings DateMay 21, 2019
Forward Dividend & Yield5.44 (2.86%)
Ex-Dividend Date2019-03-13
1y Target Est203.36
Trade prices are not sourced from all markets
  • TheStreet.com2 days ago

    Jim Cramer: Stay the Course Because the Recession Is Not Coming

    It might signal nothing but the fact that the Fed should never have done the December rate hike. You are not going to be able to find much buying support because algorithmic trading, per se, has no limits. (Home Depot, Amazon and JP Morgan are holdings in Jim Cramer's Action Alerts PLUS member club.

  • TheStreet.com3 days ago

    GameStop Names New CEO

    GameStop Corp.'s board on Thursday named George Sherman as chief executive, after nearly 10 months of looking. Sherman will start his gig on April 15, replacing interim chief executive Shane Kim.

  • WSM’s Comparable-Brand Revenue Growth Misses Analysts’ Estimate
    Market Realist3 days ago

    WSM’s Comparable-Brand Revenue Growth Misses Analysts’ Estimate

    Williams-Sonoma Beats Analysts’ Fourth-Quarter Estimates(Continued from Prior Part)Fourth-quarter performance In the fourth quarter, Williams-Sonoma’s (WSM) comparable-brand revenue grew 2.4%, just missing analysts’ expectation of 2.5%. The

  • 5 Companies With Positive Earnings Growth Estimates
    GuruFocus.com3 days ago

    5 Companies With Positive Earnings Growth Estimates

    According to the GuruFocus All-in-One Screener, the following stocks are trading at a discount and have positive three- to five-year future earnings estimates. Warning! GuruFocus has detected 4 Warning Signs with CAG. The discounted cash flow calculator gives the stock a fair value of $5,549.61, suggesting it has a 50% margin of safety at current prices.

  • 7 Retail Stocks That Will Continue to Rebound in 2019
    InvestorPlace3 days ago

    7 Retail Stocks That Will Continue to Rebound in 2019

    Retail stocks were hammered in late 2018 amid concerns that the global economy was slowing and that the global consumer was consequently losing confidence. The SPDR S&P Retail ETF (NYSEARCA:XRT) dropped 30% from early September 2018, to late December.Then, the post-Christmas rally happened. Retail stocks, and the market in general, staged a huge turnaround the day after Christmas. They have stayed on a solid uptrend ever since because global economic fundamentals have started to stabilize and improve, while the global consumer has regained confidence in 2019.All in all, the S&P Retail ETF is up 15% since Christmas Eve.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFor the most part, this rebound in retail stocks should continue because the fundamentals continue to improve. Trade and FX headwinds are becoming less severe. The rate hiking headwind has turned into a accommodating monetary policy tailwind. Consumer confidence metrics across the globe, and in particular the U.S., are bouncing back. Job markets globally remain healthy. Wages globally are heading higher.Overall, the economic fundamentals today continue to support a strong retail environment for the foreseeable future. Consequently, the early 2019 rebound in retail stocks should continue over the next several months. * 10 Stocks on the Rise Heading Into the Second Quarter Which retail stocks will lead this continued rebound? Let's take a deeper look. Nike (NKE)Source: rodrigofranca via Flickr Category: Athletic Apparel % Gain Since Dec. 24: 28%Shares of global athletic apparel giant Nike (NYSE:NKE) have been on a tear in 2019. Since bottoming out in late 2018, Nike stock is up nearly 30%, and now trades at fresh all-time highs.Why the big rally? Nike has continued to expand its dominance in the athletic-apparel category using faster-than-peer product innovation -- an enhanced direct retail strategy -- and unique marketing campaigns that have energized the core customer base. As Nike has done this, North America sales growth has come back into solidly positive territory. International growth has remained hot. Margins have recovered. And the whole company is back to firing on all cylinders.This rally in Nike stock will continue because this dominance is nothing new. Nike has dominated the athletic-apparel scene for over twenty years now. Time and time again, competitors arise and threaten Nike's dominance. Time and time again, Nike responds effectively, crushes the competition and only expands its dominance. This will continue to happen for the foreseeable future, and it will keep Nike stock on a long-term upward path. Home Depot (HD)Source: Shutterstock Category: Home Improvement % Gain Since Dec. 24: 17%Shares of Home Depot (NYSE:HD) dropped big in late 2018 amid concerns that the U.S. housing market was finally cooling after years of red-hot growth. But as financial markets have rebounded in 2019, so has Home Depot stock. It's up nearly 20% since late 2018.Why the big turnaround? U.S. housing market fundamentals have stabilized and improved in 2019. Specifically, the Fed went from hawkish to dovish, and stopped hiking rates. That caused mortgage rates, which had been on a sharp run up in late 2018, to fall big in early 2019. Also, consumer confidence has bounced back, wages have continued to rise, the unemployment rate remains low, housing starts have come roaring back and home-improvement-related retail sales rose over 8% year-over-year in January 2019. * 5 Stocks To Buy for the Happiest Employees All these improvements will continue so long as U.S. economic fundamentals remain solid, which they should. Americans will keep buying and remodeling homes. And Home Depot's sales and profits will continue to rise. As such, so long as the U.S. economy remains on solid footing, the rebound in Home Depot stock should persist. Lowe's (LOW)Source: Mike Mozart via Flickr (modified) Category: Home Improvement % Gain Since Dec. 24: 20%The story at Lowe's (NYSE:LOW) parallels the story at Home Depot. The stock was killed in late 2018 on slowing U.S. housing market concerns. It's rebounded in a big way in 2019 as housing market fundamentals have stabilized and improved.Importantly, though, Lowe's appears to finally be gaining share against Home Depot for the first time in a long time. For the past several years, Home Depot has consistently out-comped Lowe's in a sign that Home Depot was gaining market share and Lowe's was losing market share. But to end 2018, the gap between Lowe's and Home Depot's comparable sales growth was the narrowest it's been in two years. In January 2019, Lowe's actually out-comped Home Depot.The implication? For the first time in a long time, Lowe's is leveling the playing field with Home Depot and actually gaining share in the home improvement market. Lowe's stock is still materially cheaper than Home Depot stock. As such, as home improvement stocks continue to rebound, Lowe's stock could be the big winner. Target (TGT)Source: Mike Mozart via Flickr (Modified) Category: General Merchandise % Gain Since Dec. 24: 26%In late 2018, shares of Target (NYSE:TGT) fell off a cliff as investors were spooked by slowing comparable sales growth and compressing margins against the backdrop of a slowing U.S. economy. Target stock dropped big. But it's also rebounded big since then, staging a 26% rally since Christmas Eve.The turnaround in Target stock was powered by a few things. First, the U.S. economy stopped slowing and started stabilizing. Second, the U.S. consumer regained confidence in early 2019 and general merchandise retail sales rose 2.2% in January 2019. Third, Target reported solid holiday-quarter numbers that underscored that Target remains a healthy growth company with a red-hot digital business and stable margins. * 3 Out-of-Favor Consumer Stocks to Buy This turnaround in Target stock will continue because the fundamentals remain favorable and the stock remains cheap. Given stable U.S. economic fundamentals and Target's newly developed omni-channel retail presence, this company projects as a stable low single-digit revenue grower and high single-digit profit grower over the next several years. Yet, Target stock trades at just 13x forward earnings. That's too cheap for that level of growth, meaning this rally in Target stock will persist. Ulta (ULTA)Source: Mike Mozart via Flickr Category: Health & Personal Care % Gain Since Dec. 24: 46%Shares of Ulta (NASDAQ:ULTA) have been on a roller coaster ride over the past several months. In late 2018, Ulta stock dropped nearly 30% in just over a month. In 2019, however, Ulta stock has rebounded by nearly 50% in just over two months.The big selloff in late 2018 was the result of a below-consensus holiday-quarter guide converging on a rich valuation. The big rebound has been the result of the company blowing the lid off that below-consensus guide and reporting very strong holiday-quarter numbers. It also helps that comparable sales growth accelerated, margins expanded and the forward guide was strong -- all against the backdrop of a resurgent U.S. consumer. Now, Ulta stock is now making new highs.Ulta stock will continue to make new highs for the foreseeable future because this company is getting its groove back. New product launches in late 2018 helped reinvigorate comparable sales growth back to the near 10% range. These new product launches will continue to drive healthy customer enthusiasm and traffic gains through 2019. As they do, Ulta's revenues and profits will continue to impress, and Ulta stock will stay on an uptrend. Foot Locker (FL)Source: Shutterstock Category: Athletic Apparel % Gain Since Dec. 24: 22%Foot Locker (NYSE:FL) stock dropped big in late 2018 amid slowing U.S. economy concerns. But as the U.S. economy has stabilized, Foot Locker stock has rebounded.The rebound in Foot Locker stock has been especially large (over 20% since Christmas Eve) because of a strong holiday-quarter earnings report that underscored healthy operating fundamentals for the company. Comps rose 10%. Margins expanded in a big way. Inventories fell. The guide was healthy. Investors cheered. Foot Locker stock popped. * 3 Bank Stocks Whacked Down by the Fed In the big picture, Foot Locker's numbers have been getting better for a long time now. Now, they are finally good again, and this tells me that the worst is in the rearview mirror for FL. Going forward, Foot Locker will remain an important and stable player in the athletic-apparel retail landscape. FL's growth profile, coupled with the current 11x forward earnings multiple, should be enough to keep Foot Locker stock on a winning path. Best Buy (BBY)Source: Best Buy Category: Electronics % Gain Since Dec. 24: 43%In late 2018, there was a rumor flying around that the consumer electronics space was rapidly slowing. Consequently, shares of Best Buy (NYSE:BBY) dropped nearly 50% in a matter of three months.That rumor was a bunch of hot air. In early 2019, Best Buy reported strong holiday-quarter numbers that included positive comparable sales growth, big digital sales growth, margin expansion and an above-consensus full-year guide. Those numbers were proof that Best Buy remains the leader in the still-growing consumer electronics space. Consequently, Best Buy stock rallied.Still, Best Buy stock is pretty cheap at just 12x forward earnings. That's too cheap for Best Buy, a company which should report positive comps and healthy margins for the foreseeable future thanks to secular tailwinds (the widespread emergence of IoT and AI technologies). As such, a cheap valuation and favorable growth fundamentals should keep BBY stock on an upward trend for the foreseeable future.As of this writing, Luke Lango was long NKE, HD, TGT, FL, and BBY. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Specialty Retail ETFs to Buy the Industry's Disruption * 5 Stocks To Buy for the Happiest Employees * 3 Out-of-Favor Consumer Stocks to Buy Compare Brokers The post 7 Retail Stocks That Will Continue to Rebound in 2019 appeared first on InvestorPlace.

  • Can Growth Initiatives Aid Home Depot Despite Sales Woes?
    Zacks5 days ago

    Can Growth Initiatives Aid Home Depot Despite Sales Woes?

    Home Depot's (HD) integrated retail strategy, omni-channel expansion and momentum in the Pro business are key drivers. However, a recent softness in sales and comps is a concern.

  • The Zacks Analyst Blog Highlights: Home Depot, Oracle, Union Pacific, Dollar General and Host Hotels
    Zacks5 days ago

    The Zacks Analyst Blog Highlights: Home Depot, Oracle, Union Pacific, Dollar General and Host Hotels

    The Zacks Analyst Blog Highlights: Home Depot, Oracle, Union Pacific, Dollar General and Host Hotels

  • CNBC5 days ago

    Here are the biggest analyst calls of the day: Lyft, Monster, FedEx, Rockwell Automation & more

    D.A. Davidson initiating Lyft as buyGoldman Sachs downgrading Monster Beverage to neutral from buyJefferies downgrading Sony to hold from buyEvercore ISI initiating Costco as outperformEvercore ISI initiating Home Depot as outperformEvercore ISI initiating Bed, Bath & Beyond as underperformMizuho downgrading Wendy's to neutral from buyMizuho downgrading YUM Brands to underperform from neutralSunTrust initiating Allergan as buySunTrust initiating Jazz Pharmaceuticals as buyJ.

  • Call It Reverse Showrooming: These Companies Are Cashing In on Their Physical Stores
    Motley Fool5 days ago

    Call It Reverse Showrooming: These Companies Are Cashing In on Their Physical Stores

    A few retailers are demonstrating that a vast, expensive network of selling space isn't necessarily a liability.

  • 5 Dow Jones Stocks Coming to Life
    InvestorPlace5 days ago

    5 Dow Jones Stocks Coming to Life

    U.S. equities are pushing higher on Tuesday as traders await the start of another two-day Federal Reserve policy meeting. A dovish outcome is expected, with the "dot plot" expected to come down to reflect only a single rate hike in 2019 and another single hike in 2020.The bulls are feeling confident, once again pushing the Dow Jones Industrial Average up and over the 26,000 level for the fourth time since prices peaked back in October 2018. Will this rally in Dow Jones stocks have staying power?It looks that way, with global central banks doing all they can to paper over the volatility suffered late last year. With inflation at bay, they don't have much reason to play the tough cop act the market hates so much.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 10 Best Stocks to Buy for the Bull Market's Anniversary With that in mind, here are five Dow Jones stocks that have lagged the market's rise -- and will be critical in helping push the Dow definitively past the 26,000 threshold. Boeing (BA) Click to EnlargeBoeing (NYSE:BA) shares have stabilized after hitting major turbulence in connection to the two fatal crashes of 787 MAX aircraft because of what looks like a design flaw connected to an anti-stall system. Boeing, under competitive pressure, reportedly buried details of the system's operation to avoid airlines retraining pilots. Shares were recently downgraded from buy to hold by analysts at Argus. But the worst looks to be over for the company, which will have to pay to make it right before getting back to its massive list of backorders.The company will next report results on May 1 before the bell. Analysts are looking for earnings of $4.25 per share on revenues of $25 billion. When the company last reported on Jan. 30, earnings of $5.48 beat estimates by 93 cents on a 14.4% rise in revenues. Caterpillar (CAT) Click to EnlargeCaterpillar (NYSE:CAT) shares are on the move, pushing off of uptrend channel support going back to late October. The bulls are shaking off a double downgrade day from late February when analysts at UBS cut all the way from buy to sell on worries about revenue and margin pressure in 2020. Instead, nascent hope of a manufacturing and construction turnaround are bolstering prices. * 5 of the Best Stocks to Buy Under $10 The company will next report results on April 29 before the bell. Analysts are looking for earnings of $2.86 per share on revenues of $13.5 billion. When the company last reported on Jan. 28, earnings of $2.55 missed estimates by 44 cents on a 11.2% rise in revenues. DowDuPont (DWDP) Click to EnlargeDowDuPont (NYSE:DWDP) shares are coiling up within the confines of a consolidation range going back to October, rising off of its 50-day and 20-day moving averages in what looks like the beginning of an upside breakout. The company announced this week that a broker-dealer has been selected to implement a $3 billion share buyback following the separation of its Dow subsidiary from DowDuPont.The company will next report results on May 2 before the bell. Analysts are looking for earnings of 93 cents per share on revenues of $20 billion. When the company last reported on Jan. 31, earnings of 88 cents per share beat estimates by a penny on a 0.2% rise in revenues. Goldman Sachs (GS) Click to EnlargeShares of Goldman Sachs (NYSE:GS) are emerging from a three-month consolidation range, pushing towards its 200-day moving average in what looks like a possible end to a downtrend that traces back to early 2018. Investors are getting excited about reports the company is looking to launch a new credit card product in collaboration with Apple (NASDAQ:AAPL) as well as general stabilization in the capital markets, which is resulting in a reopening of the IPO window with Lyft. * 7 Invincible Stocks Leading The Bull Market Higher The company will next report results on April 17 before the bell. Analysts are looking for earnings of $5.7 per share on revenues of $9.3 billion. When the company last reported on Jan. 16, earnings of $6.04 beat estimates by $1.26 on a 0.5% drop in revenues. Home Depot (HD) Click to EnlargeWith the peak home-buying season about to arrive, hopes of a turnaround in home prices (which have been sagging nationally lately) are raising, and thus, home improvement demand is expected to increase. Home Depot (NYSE:HD) shares have been consolidating since October but look ready for another breakout attempt above its 200-day moving average. A couple of analyst downgrades in recent weeks, including from Telsey Advisory Group, hasn't dampened investors' spirits.The company will next report results on May 28 before the bell. Analysts are looking for earnings of $2.20 per share on revenues of $26.5 billion. When the company last reported on Feb. 26, earnings of $2.25 per share beat estimates by 9 cents on a 10.9% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Financial Stocks to Invest In Today * 7 Single-Digit P/E Stocks With Massive Upside * 5 Chip Stocks on the Rise Compare Brokers The post 5 Dow Jones Stocks Coming to Life appeared first on InvestorPlace.

  • Top Analyst Reports for Home Depot, Oracle & Union Pacific
    Zacks5 days ago

    Top Analyst Reports for Home Depot, Oracle & Union Pacific

    Top Analyst Reports for Home Depot, Oracle & Union Pacific

  • Barrons.com5 days ago

    Lowe’s Is Gaining on Rival Home Depot, Analyst Says

    Morgan Stanley’s Simeon Gutman is ‘gaining confidence’ in Lowe’s, noting its stores are changing for the better and its pro division has room to grow.

  • Risk-Reward With Lowe's Companies
    GuruFocus.com6 days ago

    Risk-Reward With Lowe's Companies

    Home improvement retailer Lowe's Companies Inc. (LOW) may not be as big as Home Depot (HD), but its stock should be at least priced on par with the larger rival. Lowe's generated $3.7 billion in net income on $71.1 billion in sales from 2,133 stores versus Home Depot's $105.5 billion in sales and $8.6 billion in profit from nearly 2,300 stores. Home Depot's forward earnings multiple is 18, while Lowe's is 16.6.

  • Should You Buy Home Depot Stock for Its Dividend?
    InvestorPlace7 days ago

    Should You Buy Home Depot Stock for Its Dividend?

    Home Depot (NYSE:HD), like so many other stocks that rely on a healthy real estate market, has had a tough go of it over the past year.Source: Mike Mozart via Flickr (Modified)While it has still managed to score a nearly 3% gain in the past 12 months (and another nearly 3% in its dividend), it hasn't been the wild ride that tech stocks have had. Granted, it is still off its September 2108 highs, but it has been more a controlled slide than a precipitous drop.And ironically, the thing that looks like HD's great hope moving forward is a slowing economy, not one that is heating up.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Looking Forward in HD StockAs we saw last year, when there were signs that the U.S. economy was starting to roar back to life, the Federal Reserve was ready with its counter measures to hold runaway inflation at bay -- interest rate hikes.Also, selling off the massive mortgage-backed securities (MBS) portfolio it has purchased over the past decade is something that analysts say also can act like a de facto interest rate rise. * 15 Stocks That May Be Hurt by This Year's Big IPOs This rate rise saw mortgages go up and potential homeowners, as well as refinancing and home equity loan activity, stall. And that meant HD stock was out of luck. That's especially true on the homebuilding side, because a lion's share of its revenue comes from contractors rather than individual consumers.Once the market started to absorb the implications, it started to lower its expectations of HD stock. Fortunately Home Depot wasn't ever overbought like some of the homebuilders, so while it was painted with the same brush, it didn't get as many coats.But once the market adjusted to a slower economy in 2019 and the massive adjustment in the broad market took place in December, we're back in a good space moving forward.HD stock is up 6% year to date. The Federal Reserve has backed off on its inflation-phobic policies and is planning on giving the economy space to grow. And it's slowing down the sale of is MBS portfolio.All this is very good news for Home Depot stock moving forward.What's more, the Mortgage Bankers Association announced Wednesday that mortgage applications were up last week by 2.3%. That's a sign lower mortgage rates are starting to have an effect in the marketplace.It's always a challenge to be a market leader. While you have the size and money to weather economic storms, you're also the first company hit when the sector is challenged. You're usually expected to grow faster in good times but suffer less in bad times. Yet your stock is usually hit first when things start headed south.In a market as big as the housing market, these moves take a while to work themselves out. Looking at these trends on a quarterly basis doesn't really do the whole sector justice.For example, according to a recent study released by the Joint Center for Housing Studies of Harvard University, for just the home renovation business alone is worth $450 billion annually in the U.S.That's a big ship to turn.My Portfolio Grader gives HD stock a C rating right now, but it's cheap and reliable, so if you want to step and take its dividend on a down payment for future growth, it may well be worth it.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy Today * 7 ETFs to Buy to Ride the Longevity Economy * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% Compare Brokers The post Should You Buy Home Depot Stock for Its Dividend? appeared first on InvestorPlace.

  • Is Home Depot’s (NYSE:HD) 127% Share Price Increase Well Justified?
    Simply Wall St.7 days ago

    Is Home Depot’s (NYSE:HD) 127% Share Price Increase Well Justified?

    The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, if you buy shares in a highRead More...

  • 3 Reasons to Buy Costco Stock After Strong Earnings Show Business Strength
    InvestorPlace8 days ago

    3 Reasons to Buy Costco Stock After Strong Earnings Show Business Strength

    Shares of Costco Wholesale (NASDAQ:COST) jumped 5% trading following the warehouse retailer's positive earnings news on March 7. But broader market pressure put a damper on COST stock despite strong results. But it's because of those good results that this action caught our eye. After the big move, Costco stock continued to climb, leaving many investors to wonder what to do now.Is there still time to get long?Costco stock is setting up as a solid long for several reasons. Let's discuss three of them.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Costco Stock EarningsFor the fiscal second quarter, Costco stock reported earning per share of $2.01, 31 cents ahead of expectations. That 18% earnings surprise pushed the performance up more than 40% year-over-year (YoY). However, revenue of $35.65 billion came up short by more than $250 million, despite growing more than 7.2% YoY. A bottom-line beat and top-line miss can spell trouble for a stock, particularly on a bad market day like the one we had on Friday. * 15 Stocks Sitting on Huge Piles of Cash But that wasn't the case for COST stock and I think it's due to the strength in the business once we dig past the headline results. Forex and gas deflation weighed on revenue, as did the weather in some cases. Given the winter we've had, it's hard to deny that as a factor. If these issues caused the miss, investors were apparently fine with overlooking the sales shortfall. Further, U.S. comp-store sales jumped 7.2% YoY, but online sales were even more impressive. E-commerce comps jumped 25.5% YoY, showing just how well Costco is adjusting its business model for its customers.To be sure, the results could have been stronger, but it was still a pretty good showing for one of the market's premier retailers. Coupled with some of the catalysts below, the report is enough to help, not hinder COST stock. Trading Costco Stock Click to EnlargeAfter a solid rally on Friday, March 8, COST stock followed up with an explosive move higher on the following Monday and Tuesday. All told, shares are now up around 8% since reporting earnings. However, according to the relative strength index, the stock price was overbought in the short-term. As shown in the chart above, over the past 12 months this type of condition has tended to put pressure on Costco stock in the short term.If we get that here, I would love to see a few days of sideways action and/or a slight pullback. It would be a very healthy way for Costco stock to digest the big rally. On a pullback, it would be bullish to see the $230 level hold as support and give its 20-day moving average a chance to catch up to the move.If COST stock starts to move higher again, $240 could be a reasonable upside target, with former highs near $245 as the second target. On the downside, I'm watching $230. If it doesn't hold, I want to see the 20-day or uptrend support hold. Below $225 and Costco stock will be concerning from the long side over the short-term.Overall though, it's hard to be too bearish after a rally like this. Analysts Are Boosting EstimatesWe're halfway through Costco's fiscal year and full-year estimates are impressive. Analysts now expect the company to earn $7.92 per share, up 11.7% from last year, with 7.7% sales growth. For next year, consensus expectations call for a deceleration in growth as analysts expect earnings and revenue to grow 7.4% and 6.9%, respectively.It's worth pointing out that current-year estimates of $7.92 per share are up from $7.76 just a week ago. Still, Costco stock trades at a premium, at 29 times this year's earnings. That's in-line with its five-year average, while its forward price-to-earnings ratio of ~27 is roughly in-line as well. However, COST stock is trading at a premium to some of its other metrics. * 15 Stocks That May Be Hurt by This Year's Big IPOs Is that premium deserved? Like Home Depot (NYSE:HD) and other premier companies, Costco knows it won't dominate Amazon (NASDAQ:AMZN). Because it collects an annual fee from its 52 million members and retains a high percentage of those members (with a retention rate above 90% last quarter), Costco has flexibility. Its online and same-day delivery show strong growth and Costco will be one of the companies that not only survives but thrives from e-commerce growth.When it comes to dividend yield, Costco is no Kohl's (NYSE:KSS), as it pays out just 1%. However, last April the company bumped this payout by 14%, which is roughly in-line with its five-year average of 14.5% annual dividend growth. That's a solid raise to receive each year, particularly considering how well COST stock has done in that span as well, up 105%.Costco stock isn't cheap, but it deserves its premium valuation as a blue-chip retailer.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy Today * 7 ETFs to Buy to Ride the Longevity Economy * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% Compare Brokers The post 3 Reasons to Buy Costco Stock After Strong Earnings Show Business Strength appeared first on InvestorPlace.

  • Home Depot’s Solid 2018 in 3 Charts
    Motley Fool8 days ago

    Home Depot’s Solid 2018 in 3 Charts

    Some details behind the retailer's big step toward $120 billion of annual sales.

  • Zacks9 days ago

    NASDAQ, S&P Recover Last Week’s Losses... and Then Some!

    NASDAQ, S&P; Recover Last Week’s Losses... and Then Some!

  • Home remodeling is a $450 billion market, and it’s only going to get bigger
    MarketWatch9 days ago

    Home remodeling is a $450 billion market, and it’s only going to get bigger

    Sturdy growth in remodeling expenditures is led by predictable factors like aging Boomers, and some that are less so, like the increased prevalence of renting.

  • MarketWatch9 days ago

    Lumber Liquidator's stock falls ahead of Q4 earnings, as previous reports have disappointed

    Shares of Lumber Liquidators Holdings Inc. fell 1.3% in afternoon trade Friday, ahead of the hardwood flooring seller's fourth-quarter results. It may not be a big surprise to see the stock sell off ahead of results--it has tumbled 14.3% this month (the S&P 500 has gained 1.6%). The stock has plunged on the day of the past five earnings reports, by an average of 13.1%. Even though some analysts said $33 million fine levied this week on the company, for making fraudulent statements to investors regarding unsafe flooring sourced from China, removes the last major legal overhand, Wall Street remains unanimously cautious, with all 8 analysts surveyed by FactSet rating the company the equivalent of "hold." Wedbush's Budd Bugatch said in a recent note that he's encouraged by the legal progress, there's still uncertainty regarding the underlying store operating model, the lack of resolution of the China tariffs and increasing competition from Home Depot Inc. , Lowe's Companies and Floor & Decor Holdings Inc. .

  • Now Is One of the Best Opportunities to Buy Home Depot Stock
    InvestorPlace10 days ago

    Now Is One of the Best Opportunities to Buy Home Depot Stock

    After reporting a less-than-stellar quarter on Feb. 26, investors began selling shares of Home Depot (NYSE:HD). It hasn't been catastrophic for Home Depot stock, but shares have been under pressure since the report.Source: Shutterstock The numbers of Lowe's (NYSE:LOW) are likely having an effect too. After initially rallying on the report, the stock fell for seven straight sessions. That's caused a lot of investors to ask whether these stocks are worth owning at this point. Spring SeasonInvestors are seemingly overlooking the spring season. When the holidays roll around, of course Home Depot, Lowe's and others do well in sales. Every family's handyman or DIY member is eligible for a home improvement gift, right? Right.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 15 Stocks That May Be Hurt by This Year's Big IPOs But that hardly compares to the numbers that HD stock will put up in the second quarter as homeowners and contractors get to work fixing up houses, cleaning up yards and renovating kitchens and bathrooms. As such, Home Depot will bring on 80,000 new workers to account for the increase in demand.The downside to all this? These results show up in Q2, not Q1, which HD is in right now. That said, the silver lining here is that investors have an opportunity to buy or accumulate Home Depot stock while it's under pressure. That's better than buying a stock red-hot into its best numbers. Valuing Home Depot StockHome Depot is a high-quality company, but it's seen better years when it comes to growth. For the current year, estimates call for earnings growth of just 2.2%, despite expectations for 3.2% revenue growth.Estimates for next year improve, where analysts expect 9.3% earnings growth on 4.6% sales growth. Although, it's hard to put too much weight into next fiscal year when we've only just begun this one.So where does that leave HD stock? Shares trade at about 18 times this year's earnings, which isn't necessarily cheap but is also far from expensive. Investors also need to consider the Home Depot's 3% dividend yield down near these levels.Over the last six years, Home Depot has traded with a trailing price-to-earnings (P/E) ratio of 20 on the low end and 25 on the high end. So below this mark now, it's technically undervalued vs. its recent five-year history.Further, assuming one overlooks the December selloff, they'd have to go all the way back to 2011 to find HD stock paying out a higher dividend yield. That's following the company's 32% boost last month.Home Depot is making the investments necessary to makes its online game stand tall against companies like Amazon (NASDAQ:AMZN), has a below-average valuation vs. its historical range and is paying out a 3% dividend yield. I'll admit that the growth is somewhat stagnant for the year, but there's a lot to like about HD stock for the patient investor. Trading HD Stock Click to EnlargeHome Depot has fallen about $10 from its pre-earnings levels, but that ~5% loss isn't too hard for most investors to stomach. For now, the 50-day moving average is propping up HD, while the 61.8% and 38.2% Fibonacci retracements are keeping it range bound.A break of either one of those Fib levels will likely send that stock in the continued direction. Meaning, a break below the 38.2% Fib will likely send HD stock lower and a breakout over the 61.8% Fib will likely send Home Depot higher.At this point though, with the lack of a real catalyst, the risk is to the downside. Should Home Depot stock lose the 50-day and subsequently Fib support, the stock could see $170 again.In that sense, investors who want to trade HD stock can go long near current levels, with a stop-loss on a close below this key area. Long-term investors though may consider this an advantageous spot to add to their position.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Stocks Sitting on Huge Piles of Cash * The 10 Best Stocks to Buy for the Bull Market's Anniversary * 7 Dividend Stocks With Big Yields Compare Brokers The post Now Is One of the Best Opportunities to Buy Home Depot Stock appeared first on InvestorPlace.

  • Sovos Brands taps Home Depot CFO Carol Tomé for its board of directors
    American City Business Journals10 days ago

    Sovos Brands taps Home Depot CFO Carol Tomé for its board of directors

    Sovos Brands, a food and beverage company, announced Thursday the appointment of Carol Tomé to its board of directors, where she will also chair the company's audit committee. Tomé is currently chief financial officer and executive vice president of corporate services for Home Depot (NYSE: HD), but in addition to her retail and financial services expertise, she is a seasoned chair of audit committees and is currently chair of the audit committee for the UPS (NYSE: UPS) Board of Directors. "We're honored to welcome Carol to the Sovos Brands Board," said William R. Johnson, chairman of the board for Sovos Brands and operating partner with Advent International. "Her expertise will be invaluable to the Sovos leadership team as they continue on their mission to acquire premium, on-trend brands with high-quality products that have significant growth opportunities." With the addition of Tomé, the Sovos Brands Board of Directors consists of six members including Bill Johnson, board chairman and operating partner with Advent International; Jeff Case, managing director at Advent International; David Roberts, principal at Advent International; Noosa Yoghurt's Co-founder Rob Graves and Todd Lachman, president and CEO of Sovos Brands.

  • MoneyShow11 days ago

    The Timely Ten- Blue Chip Buys with Value and Yield

    Our The Timely Ten list represents our top ten current recommendations from among our universe of undervalued blue chip stocks, explains dividend expert Kelley Wright, editor of the industry-leading advisory service, Investment Quality Trends.

  • InvestorPlace12 days ago

    Wednesday’s Vital Data: Boeing, Home Depot and Advanced Micro Devices

    U.S. stock futures are trading higher this morning as buyers look to extend the market rally for the third day in a row.Futures on the Dow Jones Industrial Average are up 0.28% and S&P 500 futures are higher by 0.23%. Nasdaq-100 futures have added 0.32%.Yesterday's narrow trading range left little to talk about in the options pits. The upward drift in stocks continues to stunt put demand. Calls ruled the day while overall volume patterns hung around average levels. Specifically, about 17.2 million calls and 14.4 million puts changed hands on the session.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWith the excitement of Monday's mega-rally giving way to a relatively calm session, the CBOE single-session equity put/call volume ratio returned to the middle of its range at 0.66. The 10-day moving average shares the same spot at 0.66.Boeing (NYSE:BA) nosedived 6% amid ongoing safety concerns surrounding its 747 MAX 8 aircraft. Home Depot (NYSE:HD) calls were hoppin' ahead of Wednesday's ex-dividend date. Finally, Advanced Micro Devices (NASDAQ:AMD) continued its comeback after a successful 50-day moving average test.Let's take a closer look: Boeing (BA)The impact of Sunday's tragic plane crash continues to ripple across the globe. The number of airlines and countries grounding the 747 MAX 8 airplane has grown to include the UK, China, Australia, Indonesia, Singapore and others. Boeing shares once again found themselves fighting to stay a loft in a volatile session that ultimately ended with the stock falling 6.15% amid heavy volume. This morning BA is down another 1.2% in premarket trading. * 15 Stocks Sitting on Huge Piles of Cash All told, the aerospace titan has lost more than $40 billion of market value since this year's high.Given the massive range of Monday's trading, yesterday registered an inside day. The fact that buyers emerged to prevent the stock from breaking Monday's low is the most bullish takeaway from the volatile session. Should that $365 level hold firm, BA may escape this drama with its long-term uptrend intact. Break below it, however, and things will turn nasty.On the options trading front, things were split 50-50 between calls and puts despite the day's descent. Activity remained lofty at 549% of the average daily volume, with 474,436 total contracts traded.The rocket-like rise in implied volatility continued for a second day, driving the reading to 44%. That places it at the 79th percent of its one-year range signaling premiums have expanded to their highest levels since mid-December. Short option trades like bull puts and iron condors are becoming an increasingly attractive way to play BA. Home Depot (HD)Home Depot's trading on Tuesday was uneventful on the surface. Buyers won the contest, if only slightly, with a 0.7% gain on the session. However, the looming dividend payout lit a fire in call trading.The price trend for HD stock has improved this year, especially compared to the beatdown suffered in the fourth quarter. Falling interest rates and the housing sector returning to health were two likely culprits, not to mention the improving backdrop of the broader stock market.Though last month's earnings release caused the stock to stumble, this week's successful test of the 50-day moving average should embolden bulls. Home Depot is scheduled to trade ex-dividend on Wednesday which means those that don't own the stock beforehand will not receive the quarterly payment of $1.36. Based on yesterday's close, the dividend yield is around 3%.As is usually the case ahead of a dividend, calls dominated the options scene. Activity ballooned to 293% of the average daily volume, with 87,209 total contracts traded. 88% of the trading came from call options alone.Implied volatility remains subdued at 18% placing it at the 12th percentile of its one-year range. Premiums are pricing in daily moves of $2.06 or 1.1%. Advanced Micro Devices (AMD)This week's market rebound is breathing new life into semiconductor stocks. And that has traders once again flocking to AMD shares.Volatility has receded over the past six weeks, allowing the stock to build a sideways base or consolidation zone. Friday's upside reversal marked a successful test of the zone's lower end and reaffirms that buyers are in control.On the options trading front, calls outpaced puts by a modest margin. Activity inched higher to 102% of the average daily volume, with 204,377 total contracts traded. Calls accounted for 62% of the day's take.As the excitement for AMD shares has died down, so too has the implied volatility. At 42%, the metric used by traders to identify if options are cheap or expensive is now sitting at the 7th percentile of its one-year range. Options are officially inexpensive. The daily expected moves are now 62 cents, or 2.6%.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Retail Stocks Winning in 2019 and Beyond * The 10 Best Stocks to Buy for the Bull Market's Anniversary Compare Brokers The post Wednesday's Vital Data: Boeing, Home Depot and Advanced Micro Devices appeared first on InvestorPlace.