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The Home Depot, Inc. Add to portfolio

INX:HD, Apr 21, 06:57 UTC

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Can Home Depot Survive a Market Downturn?

HD

It's anyone's guess as to when that downturn will happen, but there's no question of a slump eventually hitting the industry again. With home sales, employment, and residential construction plummeting, spending on home improvement collapsed from a $900 billion annual pace in early 2006 to just $370 billion by late 2010. Net earnings for the most recent 12-month period hit a record 8.6% of sales, which gives investors just a hint of the incredible recovery that Home Depot has enjoyed since the business bottomed out in 2008. Investors may or may not witness another downturn before that record is broken. But even a sharp slump on par with the crisis that hit the industry in 2008 wouldn't seriously challenge Home Depot's long-term operating health.

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Yesterday


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3 Reasons Home Depot Is a Better Dividend Stock Than Walmart

WMT HD

They each pay about the same annual yield that's just above the broader market's 2%. And both Walmart(NYSE: WMT) and Home Depot(NYSE: HD) are successful retailers that dominate their respective niches. However, one stock stands out as preferable for income investors seeking a strong, quickly growing dividend. Walmart has enjoyed a modest growth rebound lately but its expansion pace isn't in the same league as Home Depot's. The retailing titan's comparable-store sales inched higher by 2% in 2017 to put it modestly ahead of rivals like Target and Kroger, which each grew comps by 1% during the period. In the meantime, income investors have every reason to expect continued market-thumping sales and profit growth from Home Depot as the company extends its sales base beyond $100 billion to get closer to Walmart's $486 billion annual haul.

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Thursday, April 19


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PPG and The Home Depot Expand Partnership with Launch of OLYMPIC Stain Products

HD

'Unlike traditional stain products, there is no brushing required – easy spray-on application allows homeowners to spend less time applying and more time enjoying their outdoor living space.', '“We’re extremely pleased to expand the breadth of our product line with Olympic stains by PPG to give our customers even more selection, innovation and value,” said Jose Barra, The Home Depot senior vice president – Merchandising, Décor.', '“Olympic has been America’s most trusted stain brand since 1938 and is rated among the top stains by a leading independent consumer rankings magazine,” said Dave Cole, PPG vice president, architectural coatings, U.S. and Canada.', 'The product is rain-ready 8-12 hours after application, 12-16 hours faster than typical stain products, so homeowners no longer have to be concerned their completed project will be harmed by unpredictable weather.'

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Trade of the Day: Home Depot Inc Builds Upside Momentum for a Trade

HD

Trade of the Day: Home Depot Inc Builds Upside Momentum for a Trade. InvestorPlaceApril 19, 2018. Stocks continued to see a bid on Wednesday, led by the energy and transportation segments. Outside of this one stock that caught my attention was Home Depot Inc (NYSE: HD) as it popped 2.82% on the day. Barring a quick reversal of Wednesday’s fortune, HD stock now looks to be in position for a trade higher. On April 3 in this here column I offered that HD was reaching a critical technical juncture in multiple time frames and that this, once confirmed by buying pressure could lead to a buy setup for the stock for active investors and traders to take advantage of. With the rally on Wednesday the stock may have given the bulls what they need for a tradeable bounce. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. Home Depot Stock Charts. Moving averages legend: red – 200 week, blue – 100 week, yellow – 50 week. For perspective, let’s review the bigger-picture multiyear weekly chart. Here we see that much in line with the broader market, HD stock began to steepen its chart in late 2017, which ultimately led to an unsustainably steep rally into the second half of January 2018. As broader market upside momentum began to fizzle the stock began a mean-reversion move to the downside along with the broader stock market. On the chart, we see that so far, Home Depot stock reverted back to the upper end of its longer-standing trading channel, which through the lens of technical an analysis 101 is a logical spot where a bounce could occur. To be clear, however, for now this is more of a bounce rather than a sure-fire entry point from where the stock could rally to new sustainable higher highs anytime soon. Moving averages legend: blue – 8 day, yellow – 21 day. On the daily chart we see that the rally on Wednesday pushed HD stock above its yellow 21-day simple moving average as well as out of a defined falling-wedge type of pattern marked by the black lines. While one day does not make a new trend, barring a quick reversal of Wednesday’s rally traders here could look to enter new long positions for a play higher into the high $180’s. Any strong bearish reversal on a daily closing basis would be a stop loss signal for this swing trade. Home Depot is scheduled to report its next batch of earnings on May 15, and from where I sit any swing trades would be wise to be exited through the earnings announcement. Check out Anthony Mirhaydari’s Daily Market Outlook for April 19. Tell us what you think about this article! Drop us an email at editor@investorplace.com, chat with us on Twitter at @InvestorPlace or comment on the post on Facebook. Read more about our comments policy here. Access Serge’s Free SSO Strategy eBook HERE — find high-probability trades like a Wall Street professional. The post Trade of the Day: Home Depot Inc Builds Upside Momentum for a Trade appeared first on InvestorPlace. What to read next.

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Wednesday, April 18


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Cramer applauds Home Depot's tech-centered push: 'Tech isn't just FANG'

AMZN HD

Cramer applauds Home Depot's tech-centered push: 'Tech isn't just FANG'. CNBC18 April 2018. CNBC's Jim Cramer has found one surefire way to boost your stock on a tepid day like Wednesday: say you're making investments in technology to make your company more efficient. "Just look at the stock of Home Depot ," the " Mad Money " host said. "[It] announced this morning that it's hiring 1,000 technical professionals as part of its $11 billion strategic investment plan, and [its stock] was rewarded with a nearly 3 percent rally." Home Depot's stock finished Monday's trading session at $179.85 a share, up $4.94 per share. While some might argue that Home Depot is just a "publicity-hungry" retailer trying to artificially raise its stock price or attract investors, Cramer wasn't so quick to bash the home improvement chain. Cramer recalled what Marc Benioff , the founder, chairman and CEO of Salesforce.com , told him about Home Depot's Chief Investment Officer, Matt Carey: that he "is a legend in information technology" who "has personally transformed" his company to fit the digital landscape. "Home Depot's been pulling away from its competition and staying ahead of even Amazon thanks to its homegrown technology effort run by its chief investment officer ... that marries engineers with product managers and salespeople who understand the customer experience," the "Mad Money" host said. Cramer added that Home Depot's efforts are no publicity stunt: the company spends heavily on technology, sponsors "Battle of the Brains" events to recruit coders, hires hundreds of tech employees right out of school and trains tech-savvy employees in 12-week boot camps. The "Mad Money" host said these initiatives are a direct response to the changing brick-and-mortar landscape, which is increasingly threatened by Amazon's speed and convenience. Retailers that have staved off Amazon have focused on creating technology that is strong enough to compete with the e-commerce giant, Cramer continued. Home Depot, for one, built a mobile app that lets customers speak into their phone and request a product and then shows them where to find it in the store. "How can you compete with that? I think it's impossible, frankly, which is why so many mom-and-pop hardware stores have gone under despite their often superior personal touch," Cramer said. "It's why even arch-rival Lowe's is losing in the two-way national race, because the contractors of the world don't have time to go to Lowe's anymore." Cramer sees the trend stretching beyond Home Depot. He attributed CSX's profit boost to increased efficiency at the railroad operator, much of which stemmed from tech improvements. "Here's the bottom line: tech isn't just FANG , for heaven's sake, my acronym for Facebook , Amazon, Netflix and Google, now Alphabet ," the "Mad Money" host said. "It's about the companies that employ tech to trounce the competition in the information technology field. It's about the railroads or it's about a big orange chain store called Home Depot. With tech, if you live without it, you wither on the vine." Disclosure: Cramer's charitable trust owns shares of Facebook, Amazon and Alphabet. Questions for Cramer? Call Cramer: 1-800-743-CNBC. Want to take a deep dive into Cramer's world? Hit him up!Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram - Vine. Questions, comments, suggestions for the "Mad Money" website? madcap@cnbc.com. What to read next.

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News

Why Home Depot Is Hiring 1,000 I.T. Workers

HD

'Workers. FortuneApril 18, 2018.\r\nhas a plan to stay relevant in a world where other retailers are being dealt death blows.', 'workers this year as part of a broader $11 billion investment to cement its position in the marketplace, Recode is reporting.', 'Home Depot believes that the investment in 1,000 new I.T.-focused workers will allow it to fend off and other digital contenders.', 'Unlike so many other retailers, Home Depot has fended off online competitors and has watched its revenue soar over the last several years.'

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Home Depot announces 1,000 tech hires

HD

Home Depot Inc. said Wednesday that it will hire about 1,000 technology professionals in Atlanta, Austin and Dallas in 2018. The hires are part of a $11.1 billion, three-year investment in the shopping ...

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Monday, April 16


News

Detailed Research: Economic Perspectives on General Dynamics, Garmin, Walgreens Boots Alliance, The Home Depot, Facebook, and Apple — What Drives Growth in Today's Competitive Landscape

FB GD +4 more FB GD AAPL HD GRMN WBA

GRMN DOWNLOAD: http://Fundamental-Markets. GD DOWNLOAD: http://Fundamental-Markets. For the twelve months ended January 31st, 2018 vs January 31st, 2017, The Home Depot reported revenue of $100,904.00MM vs $94,595.00MM (up 6.67%) and basic earnings per share $7.33 vs $6.47 (up 13.29%). For the three months ended January 31st, 2018 vs January 31st, 2017, The Home Depot reported revenue of $23,883.00MM vs $22,207.00MM (up 7.55%) and basic earnings per share $1.54 vs $1.43 (up 7.69%).

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Friday, April 13


News

Investigation Relating to 401(k) Plans of The Home Depot, Inc. (NYSE:HD) Announced by Stull, Stull & Brody

HD

Investigation Relating to 401(k) Plans of The Home Depot, Inc. (NYSE:HD) Announced by Stull, Stull & Brody. Stull, Stull & Brody today announced that an ERISA action has been filed and that it has commenced an investigation relating to the 401(k) defined contribution plans of The Home Depot, Inc. (HD) ("Home Depot" or the "Company"). Stull, Stull & Brody maintains offices in New York and Beverly Hills. com, by calling 1-212-687-7230, x147, by fax to 1-212-490-2022, or by writing to Stull, Stull & Brody, 6 East 45th Street, New York, NY 10017. You can also visit our website at www.

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