Home Depot

HD-N

NYSE:HD

251.00
0.21 (0.08%)
The Home Depot, Inc. or Home Depot is an American home improvement supplies retailing company that sells tools, construction products, and services.
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Analysis and Opinions about HD-N

Signal
Opinion
Expert
WEAK BUY
WEAK BUY
May 19, 2020
A rise in home spending to come HD has run back up, because people have discretionary income they're not spending on restaurants and clothes, because they're stuck at home. He's owned this before. 1980-2007, HD was expanding locations, but since 2009 they have added few. Instead, they are selling higher-margin profits to boost revenues, but the growth rate in this has slowed. That's why he sold.
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Home Depot (HD-N)
May 19, 2020
A rise in home spending to come HD has run back up, because people have discretionary income they're not spending on restaurants and clothes, because they're stuck at home. He's owned this before. 1980-2007, HD was expanding locations, but since 2009 they have added few. Instead, they are selling higher-margin profits to boost revenues, but the growth rate in this has slowed. That's why he sold.
BUY
BUY
May 12, 2020
People, if they stay home, will renovate. Or if the home-buying market improves (which he expects sooner than later), HD will also benefit. He's a long time holder of HD and happy.
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Home Depot (HD-N)
May 12, 2020
People, if they stay home, will renovate. Or if the home-buying market improves (which he expects sooner than later), HD will also benefit. He's a long time holder of HD and happy.
BUY
BUY
March 3, 2020
Likes it. Monumental run over the last 10 years. Really well run. People probably won't do fewer renovations because of the coronavirus. Will continue to be under pressure on market speculation. Long-term, really likes this company.
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Home Depot (HD-N)
March 3, 2020
Likes it. Monumental run over the last 10 years. Really well run. People probably won't do fewer renovations because of the coronavirus. Will continue to be under pressure on market speculation. Long-term, really likes this company.
TOP PICK
TOP PICK
February 21, 2020

One of the largest home improvement dealers and a play on the health of the US housing market and low interest rates. Household formation is still increasing and there will always be a need for home repairs. Yield 2.22% (Analysts’ price target is $240.59)

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Home Depot (HD-N)
February 21, 2020

One of the largest home improvement dealers and a play on the health of the US housing market and low interest rates. Household formation is still increasing and there will always be a need for home repairs. Yield 2.22% (Analysts’ price target is $240.59)

PAST TOP PICK
PAST TOP PICK
January 29, 2020
(A Top Pick Feb 06/19, Up 30%) They've become much more efficient in managing their stores, yet the number of stores remains the same. Operating profit has jumped 11% to 16%. Net profit doubled. Last year's initiatives dampened earnings a bit, but will pay off in 2021.
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Home Depot (HD-N)
January 29, 2020
(A Top Pick Feb 06/19, Up 30%) They've become much more efficient in managing their stores, yet the number of stores remains the same. Operating profit has jumped 11% to 16%. Net profit doubled. Last year's initiatives dampened earnings a bit, but will pay off in 2021.
TOP PICK
TOP PICK
January 29, 2020
Also a past pick. US housing starts hit a 15-year high, a huge tailwind. (Analysts’ price target is $233.67)
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Home Depot (HD-N)
January 29, 2020
Also a past pick. US housing starts hit a 15-year high, a huge tailwind. (Analysts’ price target is $233.67)
BUY
BUY
January 9, 2020

She would consider buying both. LOW-N brought in a new management team with a lot of self-help initiatives to closed the gap, but HD-N has also been very strong and both are a home-run in the area. The recession just keeps getting pushed out

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Home Depot (HD-N)
January 9, 2020

She would consider buying both. LOW-N brought in a new management team with a lot of self-help initiatives to closed the gap, but HD-N has also been very strong and both are a home-run in the area. The recession just keeps getting pushed out

PAST TOP PICK
PAST TOP PICK
January 2, 2020
(A Top Pick Jan 07/19, Up 27%) They are continuing to grow. He thinks we are seeing very solid growth as the US housing market continues to boom.
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Home Depot (HD-N)
January 2, 2020
(A Top Pick Jan 07/19, Up 27%) They are continuing to grow. He thinks we are seeing very solid growth as the US housing market continues to boom.
TOP PICK
TOP PICK
January 2, 2020
He is sticking with it. Last year in a period of uncertainty he was certain the housing industry was going to move up and believes it will do so again. Their profit was hit in the short term but it will inflect later, in 2021. He thinks there is good upside in the stock. (Analysts’ price target is $232.17)
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Home Depot (HD-N)
January 2, 2020
He is sticking with it. Last year in a period of uncertainty he was certain the housing industry was going to move up and believes it will do so again. Their profit was hit in the short term but it will inflect later, in 2021. He thinks there is good upside in the stock. (Analysts’ price target is $232.17)
TOP PICK
TOP PICK
December 13, 2019
She has been adding to their existing position over the past couple of weeks. The company has been investing in their stores and infrastructure to improve on delivery times. A very good operator, who is investing in their future. Earnings will grow again next year, although a little slower. Yield 2.57% (Analysts’ price target is $232.23)
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Home Depot (HD-N)
December 13, 2019
She has been adding to their existing position over the past couple of weeks. The company has been investing in their stores and infrastructure to improve on delivery times. A very good operator, who is investing in their future. Earnings will grow again next year, although a little slower. Yield 2.57% (Analysts’ price target is $232.23)
BUY WEAKNESS
BUY WEAKNESS
November 20, 2019
This has been an investment for him for many years. They grow sales faster than GDP growth and dividend growth is 25% a year. Not a big dividend however. He likes home builders and the suppliers to home builders. A leading stock in a leading sector, he thinks. A healthy pullback, that he would buy into.
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Home Depot (HD-N)
November 20, 2019
This has been an investment for him for many years. They grow sales faster than GDP growth and dividend growth is 25% a year. Not a big dividend however. He likes home builders and the suppliers to home builders. A leading stock in a leading sector, he thinks. A healthy pullback, that he would buy into.
PAST TOP PICK
PAST TOP PICK
November 6, 2019
(A Top Pick Nov 06/18, Up 31%) Renovations and demographics are seeing millennials doing home upgrades. He still holds it here.
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Home Depot (HD-N)
November 6, 2019
(A Top Pick Nov 06/18, Up 31%) Renovations and demographics are seeing millennials doing home upgrades. He still holds it here.
HOLD
HOLD
October 30, 2019

He would continue to hold it. For the last 10 years it has been a steady performer in a pretty bleak retail space. They can not get "Amazoned" -- no one can ship plywood online, he thinks. The cost of deliver will keep Amazon out of this space. It is not cheap at 26 times earnings, but it is well managed.

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Home Depot (HD-N)
October 30, 2019

He would continue to hold it. For the last 10 years it has been a steady performer in a pretty bleak retail space. They can not get "Amazoned" -- no one can ship plywood online, he thinks. The cost of deliver will keep Amazon out of this space. It is not cheap at 26 times earnings, but it is well managed.

DON'T BUY
DON'T BUY
September 9, 2019
Still growing. Biggest problem is valuation. Plus, US housing market, which he thinks is rolling over. Not a lot of demand for what HD sells. Buying back their own stock is a risk going forward too.
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Home Depot (HD-N)
September 9, 2019
Still growing. Biggest problem is valuation. Plus, US housing market, which he thinks is rolling over. Not a lot of demand for what HD sells. Buying back their own stock is a risk going forward too.
WATCH
WATCH
August 15, 2019
Nice yield of 2.3%. Trades at 20x earnings. One of the issues is housing growth, which has moderated in the US. Concentrating on customer service, improving supply chain, better merchandise, reducing costs. Doing a very good job of all this, which will continue to drive the stock. Increasing dividend and buying back shares. He just hasn't found the right entry point.
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Home Depot (HD-N)
August 15, 2019
Nice yield of 2.3%. Trades at 20x earnings. One of the issues is housing growth, which has moderated in the US. Concentrating on customer service, improving supply chain, better merchandise, reducing costs. Doing a very good job of all this, which will continue to drive the stock. Increasing dividend and buying back shares. He just hasn't found the right entry point.
HOLD
HOLD
August 13, 2019
Boycott because of Trump? She owns it, but has taken some profit recently. She would hold on for the next earnings report. They relationship with Trump is not a real issue -- its all about housing. Consumer spending is going up and interest rates are declining, which should help reinvigorate house spending.
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Home Depot (HD-N)
August 13, 2019
Boycott because of Trump? She owns it, but has taken some profit recently. She would hold on for the next earnings report. They relationship with Trump is not a real issue -- its all about housing. Consumer spending is going up and interest rates are declining, which should help reinvigorate house spending.
PAST TOP PICK
PAST TOP PICK
July 9, 2019
(A Top Pick May 24/19, Up 10%) He's still bullish on it. The stock shows good volume. Unless there's a pullback, this will continue to rise.
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Home Depot (HD-N)
July 9, 2019
(A Top Pick May 24/19, Up 10%) He's still bullish on it. The stock shows good volume. Unless there's a pullback, this will continue to rise.
PAST TOP PICK
PAST TOP PICK
June 25, 2019
(A Top Pick Jun 29/18, Up 8%) A very simple company. An older US housing market needs a lot of work and the population demographics of millennials becoming home owners. Yield 2.6%
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Home Depot (HD-N)
June 25, 2019
(A Top Pick Jun 29/18, Up 8%) A very simple company. An older US housing market needs a lot of work and the population demographics of millennials becoming home owners. Yield 2.6%
COMMENT
COMMENT
June 25, 2019
US Home builders. The US home builders market is still way behind from the peak, despite a rapid population growth. Existing home sales are also not substantially higher. He has chosen the play the space through a Home Dept instead.
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Home Depot (HD-N)
June 25, 2019
US Home builders. The US home builders market is still way behind from the peak, despite a rapid population growth. Existing home sales are also not substantially higher. He has chosen the play the space through a Home Dept instead.
COMMENT
COMMENT
June 18, 2019
It's not talked about like it used to. It's huge growth 15 years ago has tapered off. HD lives and dies with the home reno business. It's well-run. It is effected by e-commerce like all retailers though.
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Home Depot (HD-N)
June 18, 2019
It's not talked about like it used to. It's huge growth 15 years ago has tapered off. HD lives and dies with the home reno business. It's well-run. It is effected by e-commerce like all retailers though.
BUY
BUY
May 24, 2019
In an up market, testing resistance levels to the downside, so it's more appealing to him.
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Home Depot (HD-N)
May 24, 2019
In an up market, testing resistance levels to the downside, so it's more appealing to him.
TOP PICK
TOP PICK
May 24, 2019
Own because of where it is. Testing support lines, and that's where he likes it. At least 10% upside from here. Yield is 2.81%. (Analysts’ price target is $205.03)
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Home Depot (HD-N)
May 24, 2019
Own because of where it is. Testing support lines, and that's where he likes it. At least 10% upside from here. Yield is 2.81%. (Analysts’ price target is $205.03)
HOLD
HOLD
April 2, 2019
HD vs. LOW. He chooses Home Depot. Operationally, HD does a fabulous job. Lowes has underperformed. Demographics are working for both. Tailwind of about 5-10% in revenue. Not as susceptible to the Amazon effect. Lowes is a safe place to be, but muted on the growth.
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Home Depot (HD-N)
April 2, 2019
HD vs. LOW. He chooses Home Depot. Operationally, HD does a fabulous job. Lowes has underperformed. Demographics are working for both. Tailwind of about 5-10% in revenue. Not as susceptible to the Amazon effect. Lowes is a safe place to be, but muted on the growth.
PAST TOP PICK
PAST TOP PICK
March 21, 2019
(A Top Pick Mar 14/18, Up 8%) It is very, very well managed. He looks at 10 years ago when operating margins were 10% and they are now 16%. Housing formations are still below trend.
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Home Depot (HD-N)
March 21, 2019
(A Top Pick Mar 14/18, Up 8%) It is very, very well managed. He looks at 10 years ago when operating margins were 10% and they are now 16%. Housing formations are still below trend.
HOLD
HOLD
February 26, 2019
Earnings came out today and the stock was punished HD is the go-to store for certain products and taking market share from the mom-and-pop shops, like Walmart. They're investing heavily in store technology that will pay off. It has a strong position in its sector, but there remains room for growth, say, outside North America. You won't see 20% upside, but it's a good core holding. US housing will remain strong for longer as interest rates remain low; home renos remain popular. A solid hold.
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Home Depot (HD-N)
February 26, 2019
Earnings came out today and the stock was punished HD is the go-to store for certain products and taking market share from the mom-and-pop shops, like Walmart. They're investing heavily in store technology that will pay off. It has a strong position in its sector, but there remains room for growth, say, outside North America. You won't see 20% upside, but it's a good core holding. US housing will remain strong for longer as interest rates remain low; home renos remain popular. A solid hold.
BUY
BUY
February 25, 2019
Been a decent stock in recent weeks due to investor confidence given that US home spending hasn't been as bad as feared. No red flags here yet. He likes HD and has room to run before recession creeps in down the road.
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Home Depot (HD-N)
February 25, 2019
Been a decent stock in recent weeks due to investor confidence given that US home spending hasn't been as bad as feared. No red flags here yet. He likes HD and has room to run before recession creeps in down the road.
COMMENT
COMMENT
February 22, 2019
It had a good uptrend, but it needs to break its old high around $210. Not a bad chart.
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Home Depot (HD-N)
February 22, 2019
It had a good uptrend, but it needs to break its old high around $210. Not a bad chart.
PAST TOP PICK
PAST TOP PICK
February 12, 2019
(A Top Pick Feb 20/18, Down 2%) Unfortunately, he got stopped out. There's more baked into HD than meets the eye. He wants HD back in his portfolio, like FedFex.
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Home Depot (HD-N)
February 12, 2019
(A Top Pick Feb 20/18, Down 2%) Unfortunately, he got stopped out. There's more baked into HD than meets the eye. He wants HD back in his portfolio, like FedFex.
TOP PICK
TOP PICK
February 6, 2019
With the US Fed going dovish, it helps HD. Great management, low interest rates and full employment are also tailwinds. They've doubled revenues since 2008 and have increased their operating margins from 6% to 12%. Good dividend, too. (Analysts’ price target is $202.39)
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Home Depot (HD-N)
February 6, 2019
With the US Fed going dovish, it helps HD. Great management, low interest rates and full employment are also tailwinds. They've doubled revenues since 2008 and have increased their operating margins from 6% to 12%. Good dividend, too. (Analysts’ price target is $202.39)
BUY
BUY
February 5, 2019
There is short-term data that says there is short-term housing weakness across North America, but HD is a well-run business. They don't entirely depend on new homes; in fact, they also depend on existing homeowners removating their homes. They can benefit from weather events, short term. The US housing market will remain strong for coming years. A blue chip stock.
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Home Depot (HD-N)
February 5, 2019
There is short-term data that says there is short-term housing weakness across North America, but HD is a well-run business. They don't entirely depend on new homes; in fact, they also depend on existing homeowners removating their homes. They can benefit from weather events, short term. The US housing market will remain strong for coming years. A blue chip stock.
PAST TOP PICK
PAST TOP PICK
February 1, 2019
(A Top Pick Jun 29/18, Down 4%) A play on household formation in the US. With tax reform last year and with HD-N having plans to increase dividends (maybe over 25% growth), he will continue to hold it.
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Home Depot (HD-N)
February 1, 2019
(A Top Pick Jun 29/18, Down 4%) A play on household formation in the US. With tax reform last year and with HD-N having plans to increase dividends (maybe over 25% growth), he will continue to hold it.
TOP PICK
TOP PICK
January 7, 2019
Housing in the US ran 1-2 million units for 40 years but now is at 1.2 million and there is massive demand. The issue is freeing up land. With high employment in the US, people are feeling good and renovating their homes. (Analysts’ price target is $203.26)
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Home Depot (HD-N)
January 7, 2019
Housing in the US ran 1-2 million units for 40 years but now is at 1.2 million and there is massive demand. The issue is freeing up land. With high employment in the US, people are feeling good and renovating their homes. (Analysts’ price target is $203.26)
BUY
BUY
December 31, 2018
Likes this for how they've run the company. They have 5-7% revenue growth; 55% of net income comes out in the dividend. They hike the dividend every January/February--good. Demographics favour a robust US housing market. 40% of U.S. homes are 40+ years, which means they need work. One problem could be Amazon getting distribution for Kenmore (taking away sales from stores like HD).
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Home Depot (HD-N)
December 31, 2018
Likes this for how they've run the company. They have 5-7% revenue growth; 55% of net income comes out in the dividend. They hike the dividend every January/February--good. Demographics favour a robust US housing market. 40% of U.S. homes are 40+ years, which means they need work. One problem could be Amazon getting distribution for Kenmore (taking away sales from stores like HD).
PAST TOP PICK
PAST TOP PICK
November 20, 2018
(A Top Pick Dec 05/17, Down 6%) He has long owned it, but got stopped out of it recently. It's trading at 17.5x PE but in 2008 it was 10x, so not good. Rising mortgage rises and the incentives of home ownership are starting to wear off. He'll return to this when the market recovers. It's 21% off its high, not great.
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Home Depot (HD-N)
November 20, 2018
(A Top Pick Dec 05/17, Down 6%) He has long owned it, but got stopped out of it recently. It's trading at 17.5x PE but in 2008 it was 10x, so not good. Rising mortgage rises and the incentives of home ownership are starting to wear off. He'll return to this when the market recovers. It's 21% off its high, not great.
BUY
BUY
November 13, 2018
She has owned this for years. They had a great quarter, just announced this morning. She listened on the call. The market is concerned with future housing starts. But HD looks at GDP growth, unemployment (low), consumer confidence (high) and other metrics. HD shows good growth and they predict U.S. housing price appreciation in 2019. HD sees momentum in their business. HD has been unduly punished by the market, she feels.
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Home Depot (HD-N)
November 13, 2018
She has owned this for years. They had a great quarter, just announced this morning. She listened on the call. The market is concerned with future housing starts. But HD looks at GDP growth, unemployment (low), consumer confidence (high) and other metrics. HD shows good growth and they predict U.S. housing price appreciation in 2019. HD sees momentum in their business. HD has been unduly punished by the market, she feels.
BUY
BUY
November 13, 2018
Today's earnings were excellent--same store sales growth was nearly 6%. They beat earnings and revenue, and upped their guidance. But the stock was punished, because investors are nervous. This will make $10 per share next year. Now is an entry point.
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Home Depot (HD-N)
November 13, 2018
Today's earnings were excellent--same store sales growth was nearly 6%. They beat earnings and revenue, and upped their guidance. But the stock was punished, because investors are nervous. This will make $10 per share next year. Now is an entry point.
TOP PICK
TOP PICK
November 6, 2018
Likes it for its Millennial demographic play; they will be buying homes and fixing them up. Good earnings growth, well-run and have been increasing their dividend in recent years. This should reach past highs again. (Analysts’ price target is $212.59)
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Home Depot (HD-N)
November 6, 2018
Likes it for its Millennial demographic play; they will be buying homes and fixing them up. Good earnings growth, well-run and have been increasing their dividend in recent years. This should reach past highs again. (Analysts’ price target is $212.59)
DON'T BUY
DON'T BUY
October 26, 2018

Housing is slowing, but the U.S. consumer remains strong. He sees 20% EPS growth. It's had a nice pullback, but is still expensive. It'll likely rally when the market does, but it's too rich for him/

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Home Depot (HD-N)
October 26, 2018

Housing is slowing, but the U.S. consumer remains strong. He sees 20% EPS growth. It's had a nice pullback, but is still expensive. It'll likely rally when the market does, but it's too rich for him/

HOLD
HOLD
October 10, 2018

He loves to love this company. They hang in through any cycle. They have to make sure they get the professional market right and wonders if Amazon may be making it tougher. The valuation is still in line with 10 year historical. He would continue to own it.

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Home Depot (HD-N)
October 10, 2018

He loves to love this company. They hang in through any cycle. They have to make sure they get the professional market right and wonders if Amazon may be making it tougher. The valuation is still in line with 10 year historical. He would continue to own it.

BUY WEAKNESS
BUY WEAKNESS
October 3, 2018

He likes this company as it has a great brand and, technically, the chart is great. Its main attribute is the location of its retail outlets in key markets, close to end buyers. A good stock to buy on weakness. He would be a buyer below $200.

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Home Depot (HD-N)
October 3, 2018

He likes this company as it has a great brand and, technically, the chart is great. Its main attribute is the location of its retail outlets in key markets, close to end buyers. A good stock to buy on weakness. He would be a buyer below $200.