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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.
6h
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 ...
2h
Huge Home Depot sale from $7 — here's 15 deals I'd get on smart home tech, appliances and more
Smart home: deals from $7 @ Home Depot Kit out your smart home with deals from $7 at Home Depot. The sale includes smart ...
1h
Home Depot places huge Valley warehouse on sublease market
Home Depot signed a 10-year lease for the entire space at the end of 2021, just west of the Phoenix Goodyear Airport at 16155 ...
Pleasanton Weekly
8h
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 ...
18h
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.
28m
The Best Outdoor Fireplaces for a Cozy Backyard
The best outdoor fireplaces are designed to withstand the elements and provide warmth. Check out our favorites in this list.
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, ...
20h
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 ...
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 ...
23h
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 ...
1d
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.
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