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 Successfully Hits Price Target Forecast for The Home Depot, Inc. with 21.02% Profit

December 06, 2024
QuantWave, the automated forecasting platform, has achieved a significant milestone with its price target forecast for The Home Depot, Inc. The forecast signal was issued on April 2, 2024, with the stock trading at 354.19 $. The predicted direction was long, and on December 6, 2024, the target price of 428.65 $ was reached, resulting in a profit of 21.02%.

This success highlights the accuracy and reliability of QuantWave's analytics in predicting stock movements. The achievement of the price target for The Home Depot, Inc. showcases the platform's effectiveness in providing valuable insights for investors to make informed decisions.

Factors such as strong financial performance, positive industry trends, and market sentiment likely contributed to the stock's movement in line with the forecasted direction. Investors who followed QuantWave's recommendation would have capitalized on the opportunity to benefit from the 21.02% profit generated by this forecasted trade.

QuantWave offers users access to predictions for a wide range of stocks, presenting potential opportunities for profits in the market. For those seeking to enhance their understanding of the investment strategy behind QuantWave, exploring the educational resources of QuantSchool is recommended. QuantSchool offers a professional investment framework that reveals the key principles 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

OKEOctober 14, 2024ONEOK, INC. Hits Price Target Forecast with 21.88% Profit: QuantWave's Accurate Prediction  ~1 min.

ONEOK, INC. has successfully reached the price target forecasted by QuantWave, resulting in a profitable outcome for investors. The forecast signal was initiated on May 28, 2024, with a price of 77.37 $....

INTCMay 13, 2025INTEL CORPORATION Stock Hits Price Target, Yielding 11.3% Profit: QuantWave Analysis  ~1 min.

INTEL CORPORATION stock has successfully reached the price target forecasted by QuantWave, yielding a profit of 11.3%. The forecast signal was given on May 5, 2025, with the stock price at $20....

PSXApril 4, 2025PHILLIPS 66 Stock Hits Target Forecast with 21.26% Profit: A Success Story for QuantWave  ~1 min.

PHILLIPS 66's stock successfully reached the price target forecasted by QuantWave, resulting in a profit of 21.26% for investors....

METAFebruary 13, 2025Meta Platforms, Inc. Hits Price Target Forecast with 104.61% Profit: QuantWave Analytics  ~1 min.

Meta Platforms, Inc., formerly known as Facebook, has successfully achieved the price target forecast set by QuantWave, resulting in an impressive 104.61% profit for investors....

IBNApril 17, 2025ICICI BANK LIMITED Stock Hits Price Target with 27.54% Profit: QuantWave Forecast Success  ~1 min.

ICICI BANK LIMITED stock has successfully reached the price target forecasted by QuantWave, resulting in a profit of 27.54%. The forecast signal was initiated on March 5, 2024, at a price of 26....