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 Success: The Home Depot, Inc. Hits Price Target with 14.62% Profit

September 24, 2024
QuantWave, an automated forecasting platform, recently achieved a significant milestone with its price target forecast for THE HOME DEPOT, INC. The forecast signal date of February 6, 2024, indicated a long position with the stock trading at $345.54. On September 24, 2024, the target price of $396.05 was reached, resulting in a profit of 14.62% for investors who followed the forecast.

This success highlights the accuracy and effectiveness of QuantWave's analytics in predicting stock movements. The achievement of the price target demonstrates the platform's ability to provide valuable insights for investors seeking profitable opportunities in the market.

Factors contributing to the stock's movement may include strong financial performance, positive industry trends, and favorable market conditions for the home improvement sector. THE HOME DEPOT, INC. is a leading company in the industry, known for its stable growth and strong market position.

QuantWave offers users access to predictions for a wide range of stocks, giving them the potential to capitalize on market opportunities and maximize profits. For investors looking to deepen their understanding of the investment strategy behind QuantWave, exploring QuantSchool's educational resources is recommended. QuantSchool provides a comprehensive professional investment framework that reveals 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

REGNApril 4, 2025REGENERON PHARMACEUTICALS, INC. Hits Price Target Forecast with 16.89% Profit  ~1 min.

QuantWave's forecast for REGENERON PHARMACEUTICALS, INC. proved accurate as the stock reached the predicted target price on April 4, 2025....

CVXOctober 27, 2023QuantWave Achieves 5.08% Profit Target Forecast for Chevron Corporation  ~1 min.

QuantWave, the automated forecasting platform, has successfully hit its price target forecast for Chevron Corporation's stock....

NKEJune 28, 2024NIKE, INC. Stock Hits QuantWave's Price Target Forecast with a 16.81% Profit  ~1 min.

QuantWave's forecast for NIKE, INC. proved to be accurate as the stock reached the predicted target price of 73.79 $ on June 28, 2024, resulting in a profit of 16.81%....

SLBApril 4, 2025QuantWave Forecast Achieves Profit Target of 19.93% for SCHLUMBERGER LIMITED  ~1 min.

QuantWave, the automated forecasting platform, celebrated a major success as its price target forecast for SCHLUMBERGER LIMITED was achieved with a remarkable profit of 19.93%....

NKESeptember 23, 2022NIKE, INC. Hits Price Target Forecast with 19.07% Profit as Predicted by QuantWave  ~1 min.

On June 6, 2022, QuantWave, an automated forecasting platform, issued a short signal for the stock of NIKE, INC. (NYSE: NKE) when it was trading at $114.66....