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 27.8% Profit

March 21, 2024
QuantWave, an automated forecasting platform, has achieved a significant milestone with its accurate price target forecast for The Home Depot, Inc. On January 4, 2023, QuantWave signaled a long position for the stock when it was trading at $299.86. After a little over a year, on March 21, 2024, the stock reached the forecasted target price of $383.23, resulting in a profitable gain of 27.8%.

This achievement showcases the effectiveness of QuantWave's analytics in predicting stock movements. The successful forecast for The Home Depot, Inc. highlights the platform's capability to provide valuable insights to investors, enabling them to make informed trading decisions.

Several factors may have contributed to the stock's movement, including strong financial performance, industry trends, and overall market conditions. By accurately analyzing these factors, QuantWave was able to identify a lucrative opportunity for its users.

QuantWave offers a wide range of stock predictions, opening up possibilities for potential profits in the financial markets. For investors interested in learning more about QuantWave's forecasting system, QuantSchool provides comprehensive educational resources that outline key principles for generating consistent income through the platform.

Overall, the achievement of the price target forecast for The Home Depot, Inc. signifies a significant success for QuantWave and reinforces its position as a reliable source of financial analytics in the investment sector.
If you want to leave a comment, then you need Login or Register





Other data for HD

Related data

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 1, 2025The Home Depot Inc. Sees Strong Full-Year Earnings: Analysts Remain Optimistic  ~2 min.

The Home Depot Inc. (NYSE:HD) recently announced its full-year earnings report, showcasing impressive results....


HDFebruary 28, 2025Home Depot Reports Strong Full-Year Earnings, Analysts Optimistic  ~1 min.

The Home Depot Inc. (NYSE:HD) recently released its full-year earnings report, indicating strong performance and positive outlook for the company....


HDFebruary 21, 2025The Home Depot Inc. Continues to Thrive Amidst DIY Revolution  ~2 min.

The Home Depot Inc., one of the leading home improvement retailers, has managed to thrive in the midst of the DIY revolution....


DVNDecember 6, 2024DEVON ENERGY CORPORATION Stock Hits QuantWave's Forecast Price Target with 26.9% Profit  ~1 min.

DEVON ENERGY CORPORATION stock successfully reached the price target forecasted by QuantWave on December 6, 2024. The forecast signal was issued on July 18, 2022, with the stock trading at 47.22 $....


METAOctober 27, 2022QuantWave Successfully Achieves 24.83% Profit Target Forecast for Meta Platforms, Inc.  ~2 min.

On October 13, 2022, QuantWave, the automated forecasting platform, issued a short signal for META PLATFORMS, INC. (formerly known as Facebook, Inc.) with a price target of $97.41....


METAOctober 11, 2022QuantWave Successfully Achieves 29.79% Profit Target Forecast for Meta Platforms, Inc.  ~1 min.

On July 20, 2022, QuantWave, the automated forecasting platform, issued a short signal for META PLATFORMS, INC. with a price of 182.23 $. The forecast proved accurate as the target price of 127....


ELOctober 31, 2024QuantWave Successfully Achieves 25.62% Profit Target Forecast for The Estée Lauder Companies Inc.  ~1 min.

QuantWave, the automated forecasting platform, recently saw its price target forecast for The Estée Lauder Companies Inc. reach fruition, resulting in a significant profit of 25.62%. ...


SLBSeptember 5, 2023QuantWave Achieves 72.17% Profit Target Forecast for SCHLUMBERGER LIMITED  ~1 min.

QuantWave, the automated forecasting platform, successfully reached a price target forecast for the stock SCHLUMBERGER LIMITED, with a profit of 72.17%....