The Dow component offers a 2.6% dividend yield, higher than the 2% average on the S&P 500 and above the 10-year's 1.7%. The home-improvement retailer has also outperformed the rest of the market this year, gaining 21% compared with the S&P 500's 15% advance.
Home Depot is still 4% from its $200 support level. A move to $220 represents 6% upside from its Wednesday close."If you want to stay defensive but still stay offensive at the same time, I really likebecause it's completely defensive in the sense that it's not sensitive to the capex cycle of the global economy. It's doing very well organically with its portfolio of beverages, " said Schlossberg.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
España Últimas Noticias, España Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Big Tech stocks recovering after brutal start to the weekTech stocks showed signs of bouncing back on Tuesday, after getting walloped amid a steep market-wide sell-off.
Fuente: CNBC - 🏆 12. / 72 Leer más »
Nomura: A second market sell-off could be 'Lehman-like'Buckle up because the next sell-off could be even more violent, according to Nomura.
Fuente: CNBC - 🏆 12. / 72 Leer más »
Bond Yields Fall, Sparking Volatility in StocksStocks dropped after government bond yields tumbled around the world, a flight to safety prompted by investors’ fears about growth and the U.S.-China trade and currency battle. I wanted to contribute in contributing an opinion, they did not pay attention with respect to that phenomenon. The correction is upon us. Pakistan has the highest number of jihad training camps in the world and global epicentre of Islamic terrorism . Imraan khan earlier said in his own words 30-40k terrorists are in waiting in Pakistan for jihad . This is the face of Islamic terrorism .
Fuente: WSJ - 🏆 98. / 63 Leer más »