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 15.79% Profit

January 19, 2024
QuantWave, the automated forecasting platform, achieved a significant milestone with its price target forecast for The Home Depot, Inc. On August 17, 2022, the signal was given to go long on the stock when it was trading at $303.58. Fast forward to January 19, 2024, the predicted price target of $351.51 was reached, resulting in a profit of 15.79%.

This success highlights the accuracy and effectiveness of QuantWave's analytics in predicting stock movements. Market analysis indicates that factors such as strong financial performance, positive industry trends, and overall market stability contributed to The Home Depot, Inc.'s stock growth.

QuantWave's forecasting capabilities provide users with opportunities for potential profits across a wide range of stocks. For investors interested in delving deeper into their investment strategy, it is recommended to explore the educational resources offered by QuantSchool. QuantSchool offers 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

FCXApril 4, 2025QuantWave Achieves 21.09% Profit Target Forecast for Freeport-McMoran Inc.  ~1 min.

QuantWave, the automated forecasting platform, has successfully reached a price target forecast for Freeport-McMoran Inc., resulting in a profit of 21.09%....

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....

MOSJune 23, 2022THE MOSAIC COMPANY Stock Hits Price Target Forecast with 14.2% Profit  ~1 min.

QuantWave, a leading automated forecasting platform, successfully predicted the short direction for THE MOSAIC COMPANY stock on June 14, 2022, when the price was at 48.86 $....

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%. ...

ECLJanuary 2, 2025QuantWave Achieves 6.7% Profit Target Forecast for ECOLAB INC.  ~1 min.

QuantWave, the automated forecasting platform, has successfully reached the price target forecast for ECOLAB INC....