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Lowe's and Home Depot are outperforming on interest rate cut enthusiasm
Analysts and investors are increasing their interest in the home improvement sector after the Federal Reserve lowered benchmark interest rates for the first time in four years. Lowe's Companies (NYSE:LOW) tracked higher in early trading on Tuesday after Oppenheimer upgraded the home improvement retailer to an Outperform rating after having it set
Is Holding Home Depot Stock a Wise Call After Fed Trims Interest Rate?
Home Depot is poised to gain from the Federal Reserve's recent rate cut. A lower interest rate should improve the demand for larger home improvement projects.
Shares of Home Depot, Lowe's Rise Following Rate Cut
In Thursday trading, Home Depot's stock was up 1.6% to $390.20, while Lowe's stock rose 1.7% to $261.11. Since the beginning of the year, shares of Home Depot are up 13%, while Lowe's shares have gained 17%.
Home Depot and Lowe's are already seeing the first of many likely benefits from the Fed's rate cut
Share prices for Home Depot and Lowe's are riding high following the Fed's interest rate cut, which is likely to spur home improvement spending.
4h
Home Depot (NYSE:HD) Faces Economic Challenges but Sees Growth Potential in Digital and Market Expansion
Home Depot(NYSE:HD) is navigating a dynamic environment marked by both opportunities and challenges. Recent highlights ...
15h
Home Depot Inc. stock underperforms Monday when compared to competitors despite daily gains
Home Depot Inc. closed $4.91 short of its 52-week high ($396.87), which the company achieved on March 21st.
Pleasanton Weekly
6h
Home Depot to pay nearly $2M in settlement with DAs for alleged false advertising, unfair competition
Home Depot has entered a stipulated judgment of nearly $2 million to settle a civil complaint that alleged the company took ...
23h
Here is What to Know Beyond Why The Home Depot, Inc. (HD) is a Trending Stock
Home Depot (HD) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
2d
Affordable Home Services You Can Get Through Home Depot
Home Depot is one of the premier home improvement retail chains. From flooring and windows to appliances and garden supplies, ...
3d
on MSN
Huge Home Depot end of season sale — 21 deals I'd shop from just $23
Crestlive Metal Adjustable Outdoor Chaise Lounge: was $150 now $141 @ Home Depot Relax in ultimate comfort with this chaise ...
18h
A Glimpse Into The Expert Outlook On Home Depot Through 16 Analysts
Analysts have recently evaluated Home Depot and provided 12-month price targets. The average target is $384.31, accompanied ...
21h
5 Home Depot Items That Would Make Great Christmas Gifts for Retirees
Although it's only the first of fall, Christmas will be here before you know it. Plus, it's never too early to get a head ...
3d
on MSN
Think Home Depot Stock Is Expensive? This Chart Might Change Your Mind
Zeroing in on the last three years helps highlight that pattern. In particular, note that the EBIT figure is for the trailing ...
USA Today
6d
The Home Depot Coupons
Get the tools and construction materials you need for your next project and save by using the latest
The Home Depot
offers and discounts sourced and tested by our experts. Coupons are chosen ...
GOBankingRates on MSN
2d
I Work at Home Depot: Here Are 4 Insider Secrets You Should Know
Working at
Home
Depot
since 2022 has given Harold S. a close look at the inner workings of the company. “It’s a good job, ...
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