This week the indexes hit new records! We like the sound of that 😏. Get ready to tune into this week's update! 🎧
Here's a look at the 5-day change for ETF's SPY (or the S&P 500), DIA (or the Dow 30), and QQQ (or the Nasdaq 100).
SPY : 0.78%, closed at $445.92
DIA : 1.07%, closed at $355.39
QQQ : 0.08%, closed at $368.82
Sweet Deal 🤤 🍩
Mondelez (MDLZ), known for Oreo, recently acquired a baked goods company. They have since made frosted Oreo cookies, muffins and are now considering Oreo doughnuts! MDLZ is part of the S&P 500, pays a dividend, has a slow upwards trend and one can argue that wanting to create an Oreo doughnut is innovative 😂. Are you investing in this company?
Swiper No Swiping 💳 🙅♂️
Mastercard (MA) plans to discontinue magnetic stripes as the industry moves more towards chip-based technology which is deemed safer.
Vacci-nation? 🤷♂️ 🦠
An increasing amount of cities are requiring proof of vaccination to work and attend certain places and events.
Here's earnings for the upcoming week:
Deere & (DE): 2021-08-20 Before Market Open (Estimated EPS: 4.49)
Kohl's (KSS): 2021-08-19 Before Market Open (Estimated EPS: 1.09)
Estée Lauder (EL): 2021-08-19 Before Market Open (Estimated EPS: 0.51)
Analog Devices (ADI): 2021-08-18 Before Market Open (Estimated EPS: 1.61)
TJX Companies (TJX): 2021-08-18 Before Market Open (Estimated EPS: 0.57)
Target Corp (TGT): 2021-08-18 Before Market Open (Estimated EPS: 3.44)
Lowe's (LOW): 2021-08-18 Before Market Open (Estimated EPS: 3.94)
Nvidia Corporation (NVDA): 2021-08-18 After Market Close (Estimated EPS: 0.85)
Cisco Systems (CSCO): 2021-08-18 After Market Close (Estimated EPS: 0.74)
Keysight Technologies (KEYS): 2021-08-18 After Market Close (Estimated EPS: 1.32)
Agilent Technologies (A): 2021-08-17 After Market Close (Estimated EPS: 0.99)
Home Depot (HD): 2021-08-17 Before Market Open (Estimated EPS: 4.41)
Walmart (WMT): 2021-08-17 Before Market Open (Estimated EPS: 1.55)
Apartment Investment (AIV): 2021-08-16 Before Market Open
The Home Depot, Inc (HD) 🔨
HD is the largest home improvement retailer in the United States. Their stores sell construction tools, services and products. Home improvement in itself is innovative and as the population grows, people will eventually need new places to live, increasing the demand to build new homes. In addition, government talks of infrastructure improvement in the United States can lead to an even higher demand of HD's services which could exponentially increase the company's revenue. Every building needs a strong foundation, so let's take a look at HD's fundamentals!
2021-01-31 : $132.11B
2020-02-02 : $110.23B
2019-02-03 : $108.2B
2018-01-28 : $100.9B
2017-01-29 : $94.6B
2021-05-18 : beat (Estimate: 3.08, Actual: 3.86)
2021-02-23 : beat (Estimate: 2.62, Actual: 2.65)
2020-11-17 : beat (Estimate: 3.06, Actual: 3.18)
2020-08-18 : beat (Estimate: 3.71, Actual: 4.02)
Historical Stock Price Returns:
3-month : 1.54%
1-year : 17.84%
5-year : 141.64%
The Home Depot, Inc (HD) Max Chart (Yahoo Finance)
Looks like a strong upwards trend to me! HD's annual revenue has consistently increased year-to-year and they have delivered beats during their last 4 earnings! We also see that this company has performed really well during the pandemic. This could be due to more people being at home with more time to do projects around the house. With everything mentioned above, we believe this company has a solid foundation. Would you like to BUILD wealth even during neutral markets? Or NAIL higher returns on your investments during bull markets? Join our level 1 and 2 courses to learn how we utilize the wheel strategy and LEAPs!
Who Competes with HD?
A few of HD's competitors include Walmart Inc (WMT), Costco Wholesale Corp. (COST) and Lowes Companies Inc (LOW).
Just as a PSA, we released our discord channel! Log in and go to the dashboard at www.calltoleap.com/courses and scroll to the bottom of the page for instructions on how to get plugged into the community.
If you're a paid subscriber, remember to check in on positions in the wheel in your dashboard or in the course pages! Until next time!
- Call to Leap Team