This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Home Depot Continues to Build

NEW YORK ( TheStreet) -- Home Depot (HD - Get Report) continues to beat the markets' and analysts' expectations. The world's largest home improvement retailer is popular with its customers as well as individual investors.

The stock has been on a roll this year and has beaten the market by a wide margin. While the market as measured by the Value Line Index was up14% for the year, Home Depot was up more than 50% as this graph provided by Barchart illustrates above.

Let's look at some of the many factors that make this a stock that should interest you.

Fundamental Factors

The company is huge with a $105.17 billion market cap. The P/E of 22.31 and a dividend yield of 1.69% are reasonable. The company has given guidance that the quarterly dividend will be raised 34% and the board has approved a stock buy-back program of $17 billion. Analysts project revenue will be up 2.70% this year and another 4.40% next year. Earnings are estimated to increase by 13.20% this year, an additional 16.20% next year and continue to increase annually by 14.63% a year for the next five years. The Financial Strength is A++ and TheStreet rates the stock A+.

Technical Indicators Supplied by Barchart

Barchart has a 100% technical buy signal as well as a Trend Spotter buy signal. The price is above its 20-, 50- and 100-day moving averages, giving the stock a 64.45% Relative Strength Index. The price has been up 12 times in the last quarter for a gain of 8.66%. Barchart computes a technical support level at 67.72 and the stock traded recently at $69.77, which is above its 50-day moving average of 65.98.

Investor Interest

The stock is popular with both the professional and individual investors. 23 Wall Street brokerage firms assigned 23 analysts to run the numbers and they issued 10 strong buy, 1 buy and 11 hold recommendations. 4,372 individual investors on Motley Fool voted that the stock has a 79% chance to beat the market. Short sellers seem to agree; they have begun to close their positions from a high of 14.6 million short shares on 6/15 to around 5.3 million short shares on 2/15.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
FAST $47.02 0.00%
HD $136.05 0.00%
LOW $76.14 0.00%
SHW $289.51 0.00%
AAPL $93.64 0.00%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs