Entry level $238 = Target price $260 = Stop loss $233
Strong momentum in the housing marked.
Strong consumer spending trends.
High rate of refinancing due to lower interest rates, more disposable income to complete home improvements.
Unfortunately HD benefits from extreme weather events and disaster zones like the wild fires in California.
P/E ratio 23.
Yield 2.3%
Company profile
Home Depot, Inc. is a home improvement retailer, which engages in the sale of building materials and home improvement products. Its products include building materials, home improvement products, lawn and garden products, and decor products. It offers home improvement installation services and tool and equipment rental. The company was founded by Bernard Marcus, Arthur M. Blank, Kenneth Gerald Langone and Pat Farrah on June 29, 1978 and is headquartered at Atlanta, GA.
Strong momentum in the housing marked.
Strong consumer spending trends.
High rate of refinancing due to lower interest rates, more disposable income to complete home improvements.
Unfortunately HD benefits from extreme weather events and disaster zones like the wild fires in California.
P/E ratio 23.
Yield 2.3%
Company profile
Home Depot, Inc. is a home improvement retailer, which engages in the sale of building materials and home improvement products. Its products include building materials, home improvement products, lawn and garden products, and decor products. It offers home improvement installation services and tool and equipment rental. The company was founded by Bernard Marcus, Arthur M. Blank, Kenneth Gerald Langone and Pat Farrah on June 29, 1978 and is headquartered at Atlanta, GA.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.