The 49 rating InvestorsObserver gives to Home Depot Inc (HD) stock puts it near the middle of the Home Improvement Retail industry. In addition to scoring higher than 40 percent of stocks in the Home Improvement Retail industry, HD’s 49 overall rating means the stock scores better than 49 percent of all stocks.
What do These Ratings Mean?
Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.
These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.
What's Happening With Home Depot Inc Stock Today?
Home Depot Inc (HD) stock is trading at $255.66 as of 1:28 PM on Thursday, Feb 25, a loss of -$4.40, or -1.69% from the previous closing price of $260.06. The stock has traded between $255.06 and $260.90 so far today. Volume today is 3,511,882 compared to average volume of 4,204,422.