|Bid||175.62 x 300|
|Ask||175.67 x 100|
|Day's Range||175.07 - 180.00|
|52 Week Range||144.25 - 207.61|
|PE Ratio (TTM)||24.19|
|Earnings Date||May 15, 2018|
|Forward Dividend & Yield||4.12 (2.36%)|
|1y Target Est||212.01|
Home Depot co-founder Bernie Marcus on President Trump's calls to claw back some of the spending in the omnibus budget bill and the impact of tax cuts.
Home Depot is hiring more than 1,000 tech workers. The goal is building the business to compete with Walmart and Amazon. Yahoo Finance’s Alexis Christoforous, Rick Newman, and Brittany Jones-Cooper discuss.
Home Depot (HD) stock reacted positively to Wells Fargo’s “outperform” rating, rising as high as $178.38 on April 23. The stock closed the day at $177.66, representing a 0.4% rise from the previous day’s closing price.
On April 23, Wells Fargo analyst Zachary Fadem initiated coverage of Home Depot (HD) with an “outperform” rating. He also expects the company’s stock price to reach $205 in the next 12 months, which represents a return potential of 15.4%.
With retail stocks having a bit of a surge on the back of rising sentiment over consumer spending, investors may be looking for exposure to consumer-facing stocks. After all, the Commerce Department said last week that retail sales inched higher in March, up 0.6% after declining 0.1% in February. Three ways to get exposure to the retail sectors, according to Zacks Investment Research, are offered by Fidelity Investments: the Fidelity Select Leisure Portfolio (FDLSX), Fidelity Select Consumer Discretionary Portfolio (FSCPX) and the Fidelity Select Transportation (FSRFX).
Its profits aren't as stable, but income investors should still favor Home Depot's stock over the global retailing titan's right now.
Home Depot (HD) has expanded its partnership with PPG Industries to sell the latter's OLYMPIC brand stains at its 2,000 stores in the United States.
In the biggest tech-focused expansion in company history, employees will ultimately report to CIO Matt Carey, supporting an $11.1 billion, three-year strategic investment.