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HD Nov 2024 250.000 put
| Previous close | 1.5700 |
| Open | 1.6000 |
| Bid | 0.0100 |
| Ask | 1.0800 |
| Strike | 250.00 |
| Expiry date | 2024-11-15 |
| Day's range | 1.4700 - 1.6000 |
| Contract range | N/A |
| Volume | |
| Open interest | 107 |
- Yahoo Finance Video
Why Home Depot is the go-to home improvement stock: Strategist
On today's Good Buy or Goodbye segment, Yahoo Finance's Julie Hyman is joined by Zacks Investment Management Client Portfolio Manager Brian Mulberry to dissect his stock picks in the home improvement sector. Mulberry names Home Depot (HD) as a stock to buy, highlighting the company's integrated retail strategy, which he believes "enhances their digital footprint." This approach allows Home Depot to gather more data on consumer trends and increase "wallet share." Additionally, Mulberry notes that the company connects consumers with contractors, enabling them to "maintain better margins" and boost cost control. Lastly, he emphasizes that Home Depot has maintained its professional market share by offering a "wider selection of products that help contractors," thereby increasing margins. On the other hand, Mulberry identifies Lowe's (LOW) as a stock to avoid. He points out that the company is experiencing a consumer spending pullback on big-ticket discretionary items, which he expects to be reflected in their upcoming earnings report as "it's already a measurable change to the downside." Furthermore, Mulberry notes that Lowe's is grappling with "inventory control problems," leading to a loss of margins. Lastly, he highlights the company's substantial debt on its balance sheet, which he says has to be "repriced at a much higher interest rate" under the current rate environment. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith
BenzingaHome Depot Shows It Is Weathering The Economic Turmoil Better Than Expected
On Tuesday, The Home Depot Inc (NYSE: HD) fiscal first-quarter earnings that surpassed estimates, while revenue fell short of analyst expectations. Home Depot’s latest results confirmed that high interest rates are forcing consumers to postpone major home projects. Its rival, Lowe’s Companies Inc (NYSE: LOW) scheduled its earnings call for May 21st. The home improvement rivalry between Lowe’s and Home Depot is expected to have intensified amid the consumer pullback. First Quarter Highlights Duri
PR NewswireTHE HOME DEPOT LAUNCHES MILITARY MOVING HUB TO SUPPORT MILITARY RELOCATIONS
In honor of Armed Forces Day, The Home Depot launched a new Military Moving hub designed to offer information tailored to military families to learn how to save time and money on their next Personally Procured Move (PPM), including a downloadable permanent change of station (PCS) checklist and more to the hundreds of thousands of active-duty military families who relocate every year.
