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3 Top Retail Stocks: Buy, Sell or Hold?
24/7 Wall St.9d agoneutral
3 Top Retail Stocks: Buy, Sell or Hold?

Walmart, Costco, and Home Depot each sit at a very different point on the risk and reward map right now, and consumer sentiment just printed deep inside recessionary territory. One of these retail giants stands out as the clear winner while two others demand patience.

What Home Depot (HD)'s HVAC and Pro Services Expansion Means For Shareholders
Simply Wall St.29d agoneutral
What Home Depot (HD)'s HVAC and Pro Services Expansion Means For Shareholders

Earlier this week, investors focused on Home Depot as broader markets reacted to second-quarter earnings season, Federal Reserve minutes and sector-specific shifts, with defensive names like the retailer weighing on the Dow while growth stocks lifted the Nasdaq. Attention is increasingly turning to how Home Depot’s push into HVAC and professional contractor services may reshape the competitive balance with Lowe’s and influence long-term positioning in the home improvement market. We will now...

Inflation Is Picking Investors’ Pockets
The Wall Street Journal56d agoneutral
Inflation Is Picking Investors’ Pockets

Investors are putting more thought and energy into minimizing taxes and investment fees these days. Today’s U.S. consumer-price index report and Fed Chairman Kevin Warsh’s debut following next week’s rate decision will give investors an important reading on the cost of living and how much of a priority controlling it is in Washington. The Fed’s preferred inflation gauge has been running above its own target for 62 months straight.

Mortgage rates climb higher as House passes home affordability bill
Yahoo Finance Video76d agoneutralVIDEO
Mortgage rates climb higher as House passes home affordability bill

Mortgage rates continue to rise from spring levels, driven by the economic shocks from inflation, oil prices (CL=F, BZ=F), and the latest surge in Treasury yields (^TYX, ^TNX, ^FVX). Yahoo Finance Senior Housing Reporter Claire Boston examines the impact elevated mortgage rates are having on the US housing market, as well as diving into the details of the US House of Representatives' housing affordability bill.

Home Depot flags choppy demand for big remodels as uncertainty weighs
Reuters Videos77d agoneutralVIDEO
Home Depot flags choppy demand for big remodels as uncertainty weighs

<body><p>STORY: Home Depot on Tuesday said Americans are scaling back on large home remodeling projects as they grapple with economic uncertainty and a subdued housing market.</p><p>:: Home Depot handout</p><p>The big box retailer kicked off a big week of corporate earnings results by beating both sales and profit estimates, but warned that its customers remain cautious.</p><p>U.S. consumer sentiment slumped to a record low in early May as the war in Iran fanned inflation pressures and strained household finances.</p><p>That's kept spending on home improvement projects muted amid elevated mortgage rates and high home prices.</p><p>:: Home Depot handout</p><p>Going forward, Home Depot expects both sales and profit to be in the range of flat to a small rise.</p><p>The company said elevated fuel costs are also pressuring the business through both transportation and input expenses, but noted that tariff refunds could help significantly.</p><p>Results from fellow U.S. retailers this week are likely to shed more light on the state of the consumer.</p><p>Rival Lowe's and big-box retailer Target are set to report on Wednesday, followed on Thursday by sector bellwether Walmart.</p></body>

Whirlpool’s CEO Warns Consumer Spending Today Looks Like the 2008 Financial Crisis
24/7 Wall St.79d agoneutral
Whirlpool’s CEO Warns Consumer Spending Today Looks Like the 2008 Financial Crisis

Whirlpool (NYSE:WHR) CEO Marc Bitzer is making one of the bluntest recession comparisons of this earnings cycle. According to the Morning Brew Daily podcast segment covering the company’s Q1 results, CEO Bitzer told investors: “This level of industry decline is similar to what we have observed during the global financial crisis and even higher than ... Whirlpool’s CEO Warns Consumer Spending Today Looks Like the 2008 Financial Crisis

Jim Cramer on Home Depot: “It Needs Housing Turnover”
Insider Monkey83d agoneutral
Jim Cramer on Home Depot: “It Needs Housing Turnover”

The Home Depot, Inc. (NYSE:HD) was one of the stocks on which Jim Cramer shared his take, explaining that dot-com analogies do not hold up in this market. Cramer noted that the stock performs well during a rate cut and vice versa, as he remarked: Okay, so let’s go to retail. Consider Home Depot… This […]