HD Is Bucking Today's Trend

Home Depot Inc.HD is trading sharply higher today despite the huge sell off in the major stock indexes. The company reported earnings that are being well received by the street today. However, Home Depot did say that sales for the full year will miss the company's previous growth forecast. HD will have very strong intra-day resistance around the $32.75 - $33.00 area. Lowes Companies Inc.LOW is also trading today higher in sympathy. however, yesterday LOW sold off after reporting earnings and weak guidance going forward.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Intraday UpdateMoversConsumer DiscretionaryHome Improvement Retail
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!