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 Forecast Achieves 13.89% Profit Target for The Home Depot, Inc. Stock

January 19, 2024
QuantWave, an automated forecasting platform, successfully predicted a long position for The Home Depot, Inc. stock on December 1, 2022, when the price was at 308.65 $. The forecast reached its target on January 19, 2024, with the stock price hitting 351.51 $, resulting in a profit of 13.89%. This achievement highlights the accuracy and effectiveness of QuantWave's analytics in predicting stock movements.

The market analysis indicates that The Home Depot, Inc. experienced favorable growth during this period, possibly driven by strong financial performance, positive market sentiment, and overall sector trends. The successful forecast for this stock demonstrates the potential for investors to capitalize on QuantWave's predictive capabilities and make profitable investment decisions.

QuantWave provides users with access to forecasts for a wide range of stocks, offering opportunities for potential profits. For a deeper understanding of their investment strategy, interested individuals can explore the educational resources of QuantSchool, which provides a professional investment framework for generating consistent income using the QuantWave forecasting system.

Find out how the THE HOME DEPOT, INC. rate is expected to change

Get Forecast for HD
There are no comments yet. Be the first to leave a comment
If you want to leave a comment, then you need Login or Register





Other news for HD

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....



Related news

GOOGLMay 16, 2024ALPHABET INC. Hits Price Target Forecast on QuantWave with 23.08% Profit  ~1 min.

ALPHABET INC. has successfully reached the price target forecast set by QuantWave, resulting in a profitable outcome of 23.08%....

AXPJanuary 15, 2025American Express Company Hits QuantWave's Price Target Forecast with 14.92% Profit  ~1 min.

QuantWave, the automated forecasting platform, successfully predicted a long signal for American Express Company on October 22, with a price of $270.86....

NKESeptember 30, 2022NIKE, INC. Stock Hits Short Price Target with 17.61% Profit: QuantWave Analysis  ~2 min.

QuantWave, an automated forecasting platform, successfully predicted a short signal for NIKE, INC. on July 1, 2022, when the stock was priced at $96.49....

EDSeptember 3, 2024CONSOLIDATED EDISON, INC. Hits Price Target Forecast with 13.36% Profit  ~1 min.

CONSOLIDATED EDISON, INC. has successfully achieved the price target forecast set by QuantWave on August 31, 2022. The forecast indicated a long position with a price of $88....

TTMIJune 3, 2025TTM Technologies, Inc. Hits Price Target Forecast on QuantWave with 23.44% Profit  ~1 min.

On December 17, 2024, QuantWave, the automated forecasting platform, issued a long signal for TTM Technologies, Inc. stock when it was trading at 26.24 $....