Home Depot Stock News

Home Depot (NYSE HD) was fined for overcharging customers, and the Los Angeles County District Attorney brought a case against the huge home improvement company.

The Home Depot's strong moat, scale, and market position support long-term growth, despite a lack of new store expansion. Aging U.S. housing stock and secular trends drive demand for home improvement, providing stable revenue and free cash flow growth. Despite a slight overvaluation, HD's moat and shareholder returns justify holding the stock for the long term.

Retail stocks to watch in September 2024.

Opendoor's sales have been crushed, but it's making progress in growth and profitability. Home Depot is in a strong cash position and pays a growing dividend.

PepsiCo's products are staples for many consumers. Target's merchandise continues to draw customers.

Reinvesting dividends in reliable growth stocks can help build wealth in the long term. Home Depot generates high margins and ROIC and should benefit from the housing market rebound.

Costco's memberships generate high-margin, predictable revenue. Home Depot operates with a favorable industry backdrop.

Dublin, Sept. 06, 2024 (GLOBE NEWSWIRE) -- The "Mexico Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) - Q2 2024 Update" report has been added to ResearchAndMarkets.com's offering. The gift card industry in Mexico is expected to grow by 9.9% on annual basis to reach US$3.8 billion in 2024. The gift card industry in Mexico will continue to grow over the for...