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Stocks in the Spotlight: The Home Depot, Inc. (HD), The Dow Chemical Company (DOW), The Gap, Inc. (GPS)

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The Home Depot, Inc. (HD) had a active trading with around 5.92M shares changing hands compared to its three month average trading volume of 5.16M. The stock traded between $133.77 and $136.38 before closing at the price of $136.1 with 1.33% change on the day. The Atlanta Georgia 30339 based company is currently trading 26.8% above its 52 week low of $109.62 and -1.06% below its 52 week high of $139. Both the RSI indicator and target price of 61.28 and $147.04 respectively, lead us to believe that it should be put on hold over the coming weeks.

The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me (DIFM), and professional customers. The company offers installation programs that include flooring, cabinets, countertops, water heaters, and sheds; and professional installation in various categories sold through its in-home sales programs, such as roofing, siding, windows, cabinet refacing, furnaces, and central air systems, as well as acts as a contractor to provide installation services to its DIFM customers through third-party installers. It primarily serves home owners; and renovators/remodelers, general contractors, repairmen, installers, small business owners, and tradesmen. The company also sells its products through online. As of December 31, 2015, it had 2,274 stores, including 1,977 in the United States, 182 in Canada, and 115 in Mexico. The Home Depot, Inc. was founded in 1978 and is based in Atlanta, Georgia.

The Dow Chemical Company (DOW) failed to extend gains with the stock declining -0.21% or $-0.12 to close the day at $57.67 on light trading volume of 5.89M shares, compared to its three month average trading volume of 6.86M. The Midland Michigan 48674 based company has been outperforming the chemicals – major diversified group over the past 52 weeks, with the stock gaining 31.53%, compared to the industry which has advanced 37.77% over the same period. With RSI of 56.47, the stock should still continue to rise and get closer to its one year target estimate of $62.41, making it a hold for now.

The Dow Chemical Company manufactures and supplies products that are used primarily as raw materials in the manufacture of customer products and services worldwide. It operates through Agricultural Sciences, Consumer Solutions, Infrastructure Solutions, Performance Materials & Chemicals, and Performance Plastics segments. The Agricultural Sciences segment provides crop protection and seed/plant biotechnology products and technologies, urban pest management solutions, and healthy oils. The Consumer Solutions segment offers semiconductors and organic light-emitting diodes, and adhesives and foams used by the transportation industry; and cellulosics and other polymers for innovative pharmaceutical formulations and food solutions. It serves automotive, electronics and entertainment, food and pharmaceuticals, and personal and home care products markets. The Infrastructure Solutions segment provides architectural and industrial coatings, construction material ingredients, building insulation, adhesives, and microbial protection products for the oil and gas industry; water technologies; monomers; and silicone and silicone products. The Performance Materials & Chemicals segment offers chlorine and caustic soda; industrial solutions; and propylene oxides, propylene glycols, polyether polyols, and aromatic isocyanates. The Performance Plastics segment provides elastomers, polyolefin plastomers, and ethylene propylene diene monomer elastomers; wire and cable insulation, semiconductive, and jacketing compound solutions, as well as bio-based plasticizers; acrylics, polyethylene, polyolefin emulsions, and polyolefin plastomers; and ethylene, propylene, benzene, butadiene, cumene, octene, aromatics co-products, and crude c4. The company was founded in 1897 and is headquartered in Midland, Michigan.

The Gap, Inc. (GPS) shares were up in last trading by 0.29% to $23.91. It experienced lighter than average volume on day. The stock increased in value by almost 1.83% over the past week and fell -8.78% in the past month. It is currently trading -5.78% below its 50 day moving average and 2.4% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -21.42% decrease in value from its one year high of $30.74. The RSI indicator value of 48.34, lead us to believe that it is a hold for now.

The Gap, Inc. operates as an apparel retail company worldwide. It offers apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brands. The company provides apparel, eyewear, jewelry, shoes, handbags, and fragrances; and performance and lifestyle apparel for use in yoga, strength training, and running, as well as seasonal sports, including skiing and tennis. The Gap, Inc. offers its products through company-operated stores, franchise stores, Websites, e-commerce and social media sites, and catalogs. The company has franchise agreements with unaffiliated franchisees to operate Gap, Banana Republic, and Old Navy stores in Asia, Australia, Europe, Latin America, the Middle East, and Africa. As of November 17, 2016, it operated 3,300 company-operated stores and 450 franchise stores. The company was founded in 1969 and is headquartered in San Francisco, California.

 

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