Homebuilder Stock Trading Alert: Home Depot (NYSE:HD) Breaks 52-Week High
Category: Investment, Homebuilder
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New York, New York - September 25, 2012 (www.investorideas.com newswire. www.homebuilderstocknews.com) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research including homebuilder stocks issues a trading alert for The Home Depot, Inc. (NYSE :HD), currently trading at $60.15, up 0.76 or 1.29% as of 10:30AM on 1.8 Million shares. The stock broke through its 52 week high of $60.00 in this morning's trading session.
The homebuilding sector has had several stocks break through 52 week highs recently with stronger housing data coming in.
The Home Depot is the world's largest home improvement specialty retailer, with 2,250 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. In fiscal 2011, The Home Depot had sales of $70.4 billion and earnings of $3.9 billion. The Company employs more than 300,000 associates. The Home Depot's stock is traded on the New York Stock Exchange (HD) and is included in the Dow Jones industrial average and Standard & Poor's 500 index.
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