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



THE HOME DEPOT, INC. Stock Hits Price Target Forecast with 17.21% Profit

February 12, 2024
On December 9, 2022, QuantWave issued a long signal for THE HOME DEPOT, INC. stock when it was trading at 302.43 $. The forecast proved to be accurate as on February 12, 2024, the stock reached the target price of 354.46 $, resulting in a profit of 17.21%. This achievement highlights the effectiveness of QuantWave's analytics in predicting market movements.

Several factors contributed to the stock's upward trajectory. The Home Depot, Inc. saw strong revenue growth driven by robust demand for home improvement products as consumers continue to invest in their living spaces. Additionally, the company's focus on e-commerce and omnichannel strategies has bolstered its competitive position in the market.

QuantWave's success in accurately forecasting THE HOME DEPOT, INC. stock price demonstrates the platform's capability to provide valuable insights for investors seeking to optimize their returns. Users can leverage QuantWave's automated forecasting platform to access predictions for a wide range of stocks, offering opportunities for potential profits. For those interested in refining their investment strategies, exploring QuantSchool's educational resources can provide a comprehensive framework for generating consistent income using the QuantWave forecasting system.
If you want to leave a comment, then you need Login or Register





Other data for HD

Related data

HDSeptember 5, 2025THE HOME DEPOT, INC. Hits Price Target Forecast with 16.3% Profit on QuantWave Platform  ~1 min.

QuantWave, a leading automated forecasting platform, has successfully achieved a price target forecast for THE HOME DEPOT, INC. The forecast signal date was May 2, 2025, with a price of $360....


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....


HDFebruary 27, 2024QuantWave Forecast Accuracy: THE HOME DEPOT, INC. Hits Price Target with 17.83% Profit  ~1 min.

THE HOME DEPOT, INC. has recently achieved the price target forecast set by QuantWave, resulting in a 17.83% profit for investors....


HDMarch 21, 2024QuantWave Hits Bullseye with THE HOME DEPOT, INC. Forecast Profiting 26.24%  ~2 min.

In the world of finance, accuracy in stock price predictions can make all the difference....


BBYFebruary 14, 2025Is Wall Street Bullish on Best Buy Co. Inc. as Insiders Sell $260m of Stock?  ~2 min.

Despite insiders selling $260 million worth of stock, Wall Street remains optimistic about the future of Best Buy Co. Inc. (NYSE:BBY). Klein Pavlis Peasley Financial Inc....


TGTJanuary 6, 2025Is Target Corporation TGT the Best Dividend Growth Stock to Buy and Hold in 2025?  ~2 min.

Target Corporation (NYSE: TGT) has long been a popular choice among investors looking for dividend growth stocks....


BBYJanuary 7, 2025Best Buy Co. Inc. - A Tech Retail Giant Making Waves in the Market  ~2 min.

Shareholders in Best Buy (NYSE:BBY) may not be pleased with the stock's performance in the past three years, but the company itself continues to thrive in the ever-evolving tech retail space....