Home improvement giants Home Depot (HD) and Lowe’s (LOW) will report third-quarter earnings this week. Home Depot reports earnings on Tuesday, while Lowe’s reports on Wednesday. HD stock and LOW stock fell. X Wall Street expects muted results, as the homebuying and renovation boom that’s lasted through most of the […]
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Is Home Depot Stock Still A Buy?
Home-improvement giant Home Depot (NYSE:) has been a winning bet during the pandemic. Its share price reached a record high amid the housing market boom and low interest rates, two developments that lured Americans to spend more on their homes. Home Depot and its peers benefited immensely from this shift. […]
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Lowe’s Stock Rode the Housing Boom. Now It May Be Ending.
Text size Strong results last year set a tough basis for comparison at home-improvement retailers. Justin Sullivan/Getty Images The home-improvement trend that has lifted stocks such as Lowe’s and Home Depot may be on its last legs. Analysts at Wedbush Securities expect changes in household spending will hurt both companies. […]
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Home Depot, Lowe’s Q4 Earnings Preview: Escalating Costs Could Hurt Stock Gains
Home improvement retailers Home Depot (NYSE:) and Lowe’s (NYSE:), have seen their sales soar during the pandemic. With lockdowns in affect and most Americans forced to stay at home, many diverted their savings to home improvement projects, such as redesigning backyards, building home offices and renovating basements. This trend is […]
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Home Improvement Stock Volatility: What Does It Mean?
In the early days of COVID-19 lockdowns, many home improvement companies, from Pool Corporation (NASDAQ: POOL) to Home Depot (NYSE: HD), saw their stock climb. People were determined to make the most of the homes where they were confined, increasing their living space by making outdoor improvements. But the share […]
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Forget Lowe’s, Home Depot Is a Better Home-Improvement Stock
The home-improvement industry has been surging as the coronavirus pandemic has forced so many people to spend more time at home. Not only are they noticing more projects that need to be done, but since the home now needs to be an office, a school, and an entertainment center, they need […]
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Which Stock Looks Stronger After A Stellar Q2?
The pandemic restricted people to their homes and many made the best of this opportunity by remodeling their homes and taking up pending home improvement projects. The recent blockbuster results of home improvement retailers Home Depot and Lowe’s clearly indicated the shift in consumers’ discretionary spending from apparel buying and […]
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Home Depot Integrated Strategy Aids Growth, Stock Up 14% YTD
The Home Depot Inc. HD has been resilient amid the coronavirus pandemic, thanks to continued store operations as well as its ability to deliver interconnected shopping experience by blending its physical and digital platforms. The company’s flexible interconnected infrastructure helped it quickly adapt to the changing customer preferences amid the […]