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Benzinga
208 days

Home Depot 'Likely To Outcomp' Lowe's In Q4, Analyst Says As Home Improvement Battle Heads Toward Earnings

1. JPMorgan expects Home Depot to outperform Lowe's in Q4 earnings. 2. Stable consumer trends and technology enhancements are driving HD's performance. 3. Acquisition of SRS Distribution boosts Home Depot's growth potential. 4. HD's market strength is bolstered by recovery in West Coast home sales. 5. Analysts predict moderate same-store sales growth for HD in 2025.

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FAQ

Why Bullish?

JPMorgan's positive outlook on HD's performance and acquisitions supports a bullish sentiment.

How important is it?

The article addresses key factors like earnings and growth that directly affect HD's stock.

Why Short Term?

The upcoming Q4 earnings report could impact stock performance in the near term.

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