Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



QuantWave Achieves 23.88% Profit Target for The Home Depot, Inc. Stock Forecast

March 21, 2024
QuantWave, a leading automated forecasting platform, recently hit the mark with its prediction for The Home Depot, Inc. stock, achieving a profit of 23.88%. The forecast, which indicated a long position on January 12, 2023, saw the stock price at $309.37. On March 21, 2024, the target price of $383.23 was reached, validating QuantWave's analytics prowess.

The success of this forecast can be attributed to several market factors. The Home Depot, Inc. is a well-established company in the home improvement retail sector with a strong financial track record. The stock has been performing consistently well, driven by robust sales growth and strategic investments in e-commerce initiatives. Additionally, the overall positive sentiment in the market towards the housing sector has further boosted the stock's performance.

QuantWave's achievement with The Home Depot, Inc. stock forecast demonstrates the platform's accuracy and reliability in predicting market movements. With QuantWave, users can access forecasts for a wide range of stocks, providing ample opportunities for potential profits. For those interested in delving deeper into investment strategies, QuantSchool offers comprehensive educational resources on maximizing returns using the QuantWave forecasting system.

Overall, the successful forecast for The Home Depot, Inc. stock underscores the effectiveness of QuantWave's analytics in navigating the complex world of financial markets and generating substantial profits for investors.
If you want to leave a comment, then you need Login or Register





Other data for HD

Related data

HDAugust 26, 2025The Home Depot Inc. HD Continues to Dominate in the Home Improvement Industry  ~1 min.

With a strong reputation for quality products and excellent customer service, The Home Depot Inc. HD remains a top choice for homeowners and contractors alike....


HDAugust 22, 2025QuantWave Successfully Achieves Price Target Forecast for The Home Depot, Inc. with a Profit of 13.95%  ~1 min.

QuantWave, a leading automated forecasting platform, recently achieved a significant milestone by accurately predicting the price movement of The Home Depot, Inc. stock....


HDAugust 13, 2025QuantWave Successfully Achieves 13.26% Profit Target for The Home Depot, Inc.  ~1 min.

QuantWave, the leading automated forecasting platform, has hit the mark with its prediction for The Home Depot, Inc. stock, yielding a profitable return of 13.26%....


HDJuly 8, 2025Home Depot Inc. HDs On A Buying Spree According to Jim Cramer  ~1 min.

Recently, popular stock analyst Jim Cramer noted that The Home Depot Inc. (NYSE:HD) is on a buying spree, which has caught the attention of institutional investors who currently own 73% of the company....


HDMarch 20, 2025The Home Depot Inc. HD Reports Impressive Financial Results, Attracting Investor Attention  ~2 min.

Renowned retail giant, The Home Depot Inc. HD, has recently announced its outstanding financial results, catching the attention of investors worldwide....


HDMarch 19, 2025The Home Depot Inc. HD: Among Dobermans of the Dow to Buy!  ~2 min.

The Home Depot Inc., also known as HD, has recently gained significant attention from investors....


HDMarch 18, 2025The Home Depot Inc. Sees Increase in Investor Attention: Key Details to Know  ~2 min.

The Home Depot Inc., a leading home improvement retailer, has been attracting significant investor attention in recent weeks....


HDMarch 17, 2025The Home Depot Inc. Continues to Show Strong Growth Despite Economic Uncertainty  ~2 min.

The Home Depot Inc. (HD) has recently reported impressive quarterly earnings, defying expectations in the face of the ongoing economic uncertainty caused by the pandemic....


HDMarch 16, 2025The Home Depot Inc: Strong Performance and Promising Future  ~2 min.

The Home Depot Inc. (NYSE:HD) has been consistently delivering strong performance in the home improvement industry....


HDMarch 15, 2025The Home Depot Inc. Shows Promise, Experts Suggest Buying HD Stocks  ~2 min.

The Home Depot Inc. (HD), the leading home improvement retailer, has caught the attention of experts who believe that the company is on track for success....


HDMarch 21, 2024QuantWave Hits Bullseye with THE HOME DEPOT, INC. Price Target, Securing 31.44% Profit  ~2 min.

QuantWave, the leading automated forecasting platform, has yet again demonstrated its accuracy in predicting stock movements with the successful achievement of a price target forecast for THE HOME DEPOT, INC. On January 19, 2023, QuantWave indicated a long position with the stock trading at 291.56 $. Fast forward to March 21, 2024, the price reached an impressive 383.23 $, resulting in a substanti...


ETH-USDAugust 12, 2025QuantWave Hits Bullseye with 82.06% Profit on ETHEREUM USD Forecast  ~2 min.

QuantWave, the cutting-edge automated forecasting platform, has once again demonstrated its prowess in predicting market movements with a stellar 82.06% profit on its recent forecast for ETHEREUM USD....


RCLJuly 1, 2025ROYAL CARIBBEAN CRUISES LTD. Hits Price Target, Generating 35.44% Profit: A Success Story for QuantWave  ~2 min.

On November 19, 2024, QuantWave issued a long signal for ROYAL CARIBBEAN CRUISES LTD. (RCL), with the stock trading at $232.66....


FORDJuly 31, 2025FORWARD INDUSTRIES, INC. Hits QuantWave Price Target with 94.38% Profit  ~1 min.

On June 25, 2025, QuantWave, the automated forecasting platform, issued a long signal for FORWARD INDUSTRIES, INC. with a price target of 12.11 $, representing a 94.38% profit from the signal price of 6.23 $....


EDJanuary 2, 2025Consolidated Edison ED: A Promising Investment Option?  ~2 min.

Consolidated Edison, Inc. (NYSE:ED), commonly known as Con Edison, is a renowned energy company operating in New York....