Credit Suisse downgrades Home Depot, cites slowing housing market as near-term risk

Table of Content

• Dow Jones Stocks To Watch: Caterpillar, Home Depot, UnitedHealth
• Congress Finally Scrounges Up Some Money For Workers' Rights Despite GOP Opposition
• ⭐As Buying Picks Up, I'm Snapping Up These 5 Stocks
• Special Projects
• Corporate Info
• Home Depot employees track down customer who dropped $700 cash meant for Christmas shopping

U.S. trade largely resisted the selling that battered markets across Asia on Monday, after the Bank of Japan doubled the yield cap on its 10-year bond to 5%. The move sent ripples through global bond markets and caused a sharp rise in the yen. Tokyo's Nikkei 225 tumbled 2.6%, while Asia's other leading markets ended broadly lower. Neurocrine and United Rentals are IBD Leaderboard stocks. UnitedHealth was featured in last week's Stocks Near A Buy Zone column. Caterpillar and United Rentals were recent IBD Stock Of The Day companies.

Location This app may use your location even when it isn’t open, which can decrease battery life. For more information, see the developer’s privacy policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Home Depot. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. Home Depot reported revenues of $38.87 billion in the last reported quarter, representing a year-over-year change of +5.6%.

Dow Jones Stocks To Watch: Caterpillar, Home Depot, UnitedHealth

I always liked to use the old slogan when helping customers, but in a somewhat modified version. I would tell people, “You can do it, and I’ll watch.” It always gets a laugh or a real smile. She has over 20 years of experience in the marketing field having spent the first decade of her career directing marketing programs for some of the largest companies in the world, including divisions of AT&T and HSBC. Today, her clients include large and small companies around the world and household brands like Citigroup, Cox Communications, Intuit, and more. Susan is frequently interviewed about marketing and branding by television, radio, print, and online media organizations, and she speaks about these topics at events around the world.

Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.

Congress Finally Scrounges Up Some Money For Workers' Rights Despite GOP Opposition

In 2008, Clint founded Pro Tool Reviews followed by the landscape and outdoor power equipment-focused OPE Reviews in 2017. He also heads up the Pro Tool Innovation Awards, an annual awards program honoring innovative tools and accessories across the trades. Home Depot, the largest home improvement retailer in the U.S., unveiled new slogan today.

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions.

⭐As Buying Picks Up, I'm Snapping Up These 5 Stocks

According toIBD MarketSmith pattern recognition, in the wake of Monday's slight fall. Shares found support at the stock's 21-day exponential moving average and the stock's relative strength line is edging to new highs. Meanwhile, U.S. oil prices traded up less than 1% Tuesday, but still on pace to add to Monday's gains. West Texas Intermediate futures rose to nearly $76 a barrel in morning trade. Natural gas prices shed more than 5% in early action, tacking toward a third straight drop after diving 11% on Monday.

When he's not playing with the latest power tool, Clint DeBoer enjoys life as a husband, father, and avid reader—especially the Bible. He loves Jesus, has a degree in recording engineering, and has been involved in multimedia and/or online publishing in one form or another since 1992. From what we’ve seen, the newest ad campaign effectively takes aim at the more clean-cut Lowe’s.

Otherwise, life can hit you, but you can't go back to working at Home Depot. Home Depot slogans and ad campaigns don’t come easily. They’re typically the result of months of research. They also tend to swing in one of two key directions.

It's funny to be discovered by a lot of people who didn't know you before. People always used to say, 'Do you shop at Home Depot? ' They want to know why they know me, even if they don't know my name. I don't think that's a bad thing, by the way; I think it's nice to be kind of anonymously famous. Besides buying a mansion or something, everything I wanted I always got.

EPS of $4.24 for the same period compares with $3.92 a year ago. Staffing ever being a problem from their point of view. One of Quiles’ coworkers, who asked to speak anonymously for fear of retaliation, said their duties had stretched far beyond what their position calls for. And it relates to the brand without beating us over the head.

If it didn't sell, it didn't make a difference what we thought or our research told us. They told us if it was successful by buying it or not. After founding the CD Media, Inc. publishing company in 1996, he went on to help start or grow several successful online publications, including Audioholics (as Editor-in-Chief for 12 years), Audiogurus, and AV Gadgets.

And so I think Home Depot will want to humanize itself. I think that's a lot of why companies are starting blogs, are just giving more insight into what's going on with them. Microsoft declined 1.7% Monday, as shares looked to find support around their 50-day line amid a three-day losing streak.

Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next days. The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period. Even though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods.

ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Home Depot has dispatched outside managers, including from headquarters in Atlanta, to discourage Philadelphia workers from voting for the union. Meanwhile, Allen recently shared videos of Lowe’s personnel trying to shoo him out of the store parking lot where he was distributing union literature.

Our alliance with AARP provides valuable insights into the critical 50- plus consumer segment. For more than two decades, The Home Depot has delivered home improvement know-how to customers of all ages. With the help of AARP, our newest workshops will address the specific interests of customers 50 and over. I was at Home Depot with my dad looking for paint when I got the call to open for Taylor Swift. That was wild, because I was crying in Home Depot, and people were looking at me funny. I want to see gay couples stuck with their significant other at Home Depot with that far away look in their eye, get me out of here.