Mark Elwa
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Mark Elwa in Gainers & Losers,

Home Depot reports solid sales growth

In the 3rd quarter, sales rose 5.1% at stores open for more than a year, including 7.3% in the U.S. 

Overall, for the third quarter, the company posted a profit of $1.73 billion, or $1.35 a share, up from $1.54 billion, or $1.15 a share, a year earlier. Revenue rose 6.4% to $21.819 million.

Analysts surveyed by Thomson Reuters forecast per-share earnings of $1.32 cents a share on revenue of $21.828 billion.

Today suppose to see a bounce. Target price $122.5 per share