-
Home Depot Vs. Lowe’s: Which Home Improvement Retailer To Own (HD) (LOW)
kate_sept2004/E+ via Getty Images Dear Readers, do note that most of the data here were generated between 22 and 25 December 2022, and the rest from 26 to 30 December 2022. Also, any “Buy” rating in this article is a “Conditional buy” which comes with having certain conditions being met. You will need to assess if an asset is a “buy” based on your expected returns from that asset which is a very personal decision. Happy New Year, everyone! May your 2023 be far better than 2022 in every imaginable way. An Introduction to Home Depot and Lowe’s Anyone familiar with the home improvement scene in the United States will…
-
Home Depot: Buy Gradually On Dips (NYSE:HD)
jetcityimage/iStock Editorial via Getty Photographs Introduction As a dividend advancement trader, I search for new investment alternatives in earnings-building assets. When I discover these belongings to be attractively valued, I usually increase to my existing positions. On top of that, I just take benefit of sector volatility as we see it currently by starting off new positions to diversify my holdings and enhance my dividend revenue with a lot less cash. For the duration of a economic downturn like the just one economist forecast, the purchaser discretionary sector may well underperform as consumers stick to their simple fees. It can be an chance to assess organizations in this sector as…
-
Virtual Home Improvement: The Home Depot Files 24 Web3 Trademarks for its Name, Logo, and Brands
Quick take: Trademarks were filed for brands including Hampton Bay, Husky, Lifeproof and more. The trademarks cover NFTs, virtual goods and online retail stores. There are also plans for home improvement services in virtual or augmented reality environments. The Home Depot has filed 24 Web3 trademarks for its name, logo and brands, according to a tweet by trademark attorney, Mike Kondoudis. Trademarks were filed with the United States Patent and Trademark Office (USPTO) on Nov 17 for brands including Hampton Bay, Husky, Lifeproof and more The international class 9 trademark covers computer programs featuring home improvement goods for use in virtual worlds; downloadable software for use as vouchers to be…
-
Home Depot and Lowe’s are booming in a housing market bust
A home improvement contractor works on a house in Cambridge, Massachusetts. Suzanne Kreiter | The Boston Globe | Getty Images As the U.S. housing market falls hard from its pandemic-driven highs, home improvement retailers like Home Depot and Lowe’s don’t seem to be feeling the same pain. In fact, they’re faring better than expected. While homebuilding and home remodeling are integrally connected, the market forces behind each can be different, and that’s what’s happening now. related investing news Raymond James downgrades Home Depot, says there are challenges ahead despite solid earnings report Home Depot and Lowe’s reported strong quarterly earnings Tuesday and Wednesday, respectively. Lowe’s stock rose 3% Wednesday. Executives…
-
Home Depot workers push first storewide union
Check out what’s clicking on FoxBusiness.com Home Depot workers in Philadelphia filed a petition Monday to unionize, according to records on the National Labor Relations Board (NLRB) website. Ticker Security Last Change Change % HD THE HOME DEPOT INC. 271.51 -2.76 -1.01% The NLRB case webpage shows the petition seeking to create a union for 274 workers at a Home Depot store in Philadelphia. The collective bargaining unit would cover merchandising, specialty and operations associates, according to the unit description on the NLRB website. “MET associates, loss prevention and all other employees” are excluded, the unit description also said. The petitioner is listed as Home Depot Workers United. If successful,…
-
Home Depot Vs. Lowe’s: Battle Of The Home Improvement Chains
aluxum This article was coproduced with Mark Roussin. Not long ago, the housing market was once the darling of the U.S. economy. It was an unstoppable force, with sellers making money hand-over-fist in ever-rising amounts. Now things are beginning to soften – though notice I didn’t say “decline” or “weaken.” Only “soften.” That might sound surprising considering our current situation, with red-hot inflation, weakening job stats, and what looks like an oncoming recession. And indeed, buyers are becoming more hesitant to sign on the dotted line. Those who do have been canceling them at the highest rate since early 2020. In the month of June alone, 15% of all homes…